Plan Ledger DOL Form 5500 · updated monthly

Mariner Health Care401(k)

MARINER SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.35%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Mariner Health Care reported $255,055 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.39% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 345th-largest of 2,160 plans among Georgia employers on file, and the 1,357th of 11,911 in health care & social assistance. In 2024, employees put in $347.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,226,695
Participants with balances4,278
Active participants4,318
Employer contributions$20,429
Employee contributions$7,100,309
Employer contribution per active participant$5
Average account balance$17,585
Benefits paid to participants$7,840,589
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.2M · 4,278 accts · $20K emplr
2023$69.2M · 3,851 accts
2022$59.2M · 3,917 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$255,055
Total administrative$255,055
The Mariner Health Care 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$3,635

Mariner Health Care's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVEST INST OPER CO., INC. · Loan processing$131,304
HARBOR INVESTMENT ADVISORY LLC · Investment advisory (plan)$102,000
WINDHAM BRANNON · Accounting / audit$21,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$255,055 · 0.35%
2023$240,328 · 0.37%
2022$247,099 · 0.39%
Similar plansHealth Care & Social Assistance · Georgia
Pt Solutions Holdings, LLC GA$65.4M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742012902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.