Plan Ledger DOL Form 5500 · updated monthly

Medamerica Health Systems Corporation401(k)

MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Medamerica Health Systems Corporation reported $141,031 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,139 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 0.13% to 0.09%. 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 250th-largest of 3,295 plans among Ohio employers on file, and the 726th of 11,911 in health care & social assistance. In 2024, employees put in $6.36 for every $1.00 the employer contributed; active participation has grown from 1,789 to 2,016 since 2022.

Plan summary
Net assets, end of year$168,908,941
Participants with balances2,414
Active participants2,016
Employer contributions$2,296,508
Employee contributions$14,612,297
Employer contribution per active participant$1,139
Average account balance$69,971
Benefits paid to participants$10,502,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$168.9M · 2,414 accts · $2.3M emplr
2023$141.8M · 2,287 accts · $2.1M emplr
2022$111.1M · 2,215 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,228
Audit (IQPA)$14,750
Total administrative$141,031
The Medamerica Health Systems Corporation 401(k) match · 2024
Employer contribution per active participant$1,139
Median for plans this size$3,635
2024$1,139 per active participant
2023$1,152 per active participant
2022$1,122 per active participant

Medamerica Health Systems Corporation'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
FID INV INST OPS CO · Recordkeeping · Loan processing$105,733
MERCER INVESTMENTS LLC · Consulting$15,255
CLARK SCHAEFER HACKETT & CO · Accounting / audit$14,750

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$141,031 · 0.09%
2023$147,629 · 0.12%
2022$155,386 · 0.13%
Similar plansHealth Care & Social Assistance · Ohio
Orthoalliance Mso, LLC OH$183.8M · 0.14%
Holzer Health System OH$183.3M · 0.23%
Southern Ohio Medical Center OH$172.9M · 0.09%
Genesis Healthcare System OH$158.3M · 0.40%
Orthopedic One, Inc. OH$152.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311040228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.