Plan Ledger DOL Form 5500 · updated monthly

Marshfield Clinic, Inc.401(k)

MARSHFIELD CLINIC SALARY REDUCTION PLAN · MARSHFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Marshfield Clinic, Inc. reported $279,376 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,361 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 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 22nd-largest of 1,936 plans among Wisconsin employers on file, and the 100th of 11,911 in health care & social assistance. In 2024, employees put in $6.00 for every $1.00 the employer contributed; active participation has shrunk from 11,787 to 9,444 since 2022.

Plan summary
Net assets, end of year$1,795,406,271
Participants with balances13,133
Active participants9,444
Employer contributions$12,851,369
Employee contributions$77,101,768
Employer contribution per active participant$1,361
Average account balance$136,710
Benefits paid to participants$246,312,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 13,133 accts · $12.9M emplr
2023$1.7B · 13,929 accts · $24.5M emplr
2022$1.5B · 14,913 accts · $25.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,559
Total administrative$279,376
The Marshfield Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$1,361
Median for plans this size$5,259
2024$1,361 per active participant
2023$2,416 per active participant
2022$2,129 per active participant

Marshfield Clinic, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20242
MARSHFIELD CLINIC · Plan administrator$244,767

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$279,376 · 0.02%
2023$322,117 · 0.02%
2022$515,838 · 0.03%
All plans at this employer2
EMPLOYEES RETIREMENT PLAN OF MARSHFIELD CLINICMoney purchase plan
MARSHFIELD CLINIC SALARY REDUCTION PLAN401(k)
Similar plansHealth Care & Social Assistance · Wisconsin
Advocate Aurora Health, Inc WI$10.5B · 0.07%
Froedtert Health, Inc WI$2.2B · 0.06%
Children's Wisconsin WI$1.0B · 0.07%
Aspirus, Inc. WI$893.4M · 0.13%
Bellin Health Systems, Inc. WI$861.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390452970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.