Plan Ledger DOL Form 5500 · updated monthly

Meadville Medical Center403(b)

INCENTIVE SAVINGS PLAN FOR EMPLOYEES OF MEADVILLE MEDICAL CENTER · MEADVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Meadville Medical Center reported $253,207 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,529 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 0.20% to 0.16%. 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 327th-largest of 3,651 plans among Pennsylvania employers on file, and the 728th of 11,911 in health care & social assistance. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 1,597 to 1,839 since 2022.

Plan summary
Net assets, end of year$167,875,002
Participants with balances1,479
Active participants1,839
Employer contributions$2,812,246
Employee contributions$7,100,001
Employer contribution per active participant$1,529
Average account balance$113,506
Benefits paid to participants$10,801,869
Plan auditDisclaimer of opinion
AuditorMCGILL POWER BELL & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$167.9M · 1,479 accts · $2.8M emplr
2023$149.0M · 1,422 accts · $2.6M emplr
2022$127.1M · 1,384 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,970
Investment management$198,237
Total administrative$253,207
Employer contributions to the Meadville Medical Center plan · 2024
Employer contribution per active participant$1,529
Median for plans this size$3,635
2024$1,529 per active participant
2023$1,546 per active participant
2022$1,615 per active participant

Meadville Medical Center'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 · 20244
LPL FINANCIAL · Consulting$81,974
CAMBRIDGE INV. RESEARCH ADV., INC.$66,589
VALIC RETIREMENT SERVIES COMPANY · Custodial (securities) · Investment advisory (participants)$54,970
FELTZ WEALTH PLAN$49,674

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$253,207 · 0.16%
2023$213,190 · 0.15%
2022$263,847 · 0.20%
All plans at this employer2
MEADVILLE MEDICAL CENTER DEFINED CONTRIBUTION RETIREMENT PLANProfit-sharing plan
INCENTIVE SAVINGS PLAN FOR EMPLOYEES OF MEADVILLE MEDICAL CENTER403(b)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Delta Dental of Pennsylvania PA$178.7M · 0.04%
Susquehanna Health System PA$174.2M · 0.27%
Mount Nittany Medical Center PA$165.8M · 0.20%
Spark Therapeutics, Inc. PA$164.7M · 0.06%
Merakey USA PA$155.3M · 0.40%
The Washington Hospital PA$146.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251512436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.