Plan Ledger DOL Form 5500 · updated monthly

Memorial Community Health Inc.403(b)

MEMORIAL COMMUNITY HEALTH INC. TAX DEFERRED ANNUITY PLAN · AURORA, NE · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Memorial Community Health Inc. reported $98,627 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,466 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 0.51% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 214th-largest of 565 plans among Nebraska employers on file, and the 3,166th of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 272 to 311 since 2022.

Plan summary
Net assets, end of year$24,926,532
Participants with balances207
Active participants311
Employer contributions$767,035
Employee contributions$890,978
Employer contribution per active participant$2,466
Average account balance$120,418
Benefits paid to participants$1,400,203
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 207 accts · $767K emplr
2023$22.0M · 214 accts · $654K emplr
2022$20.4M · 213 accts · $670K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,164
Investment management$37,739
Audit (IQPA)$12,724
Total administrative$98,627
Employer contributions to the Memorial Community Health Inc. plan · 2024
Employer contribution per active participant$2,466
Median for plans this size$2,416
2024$2,466 per active participant
2023$2,216 per active participant
2022$2,463 per active participant

Memorial Community Health Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$48,164
USI ADVISORS · Consulting · Insurance services$37,739
HBE LLP · Accounting / audit$12,724
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$98,627 · 0.42%
2023$107,986 · 0.51%
2022$117,097 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Community Hospital NE$27.5M · 0.04%
Milan Laser Holdings LLC NE$26.7M · 0.71%
Tabitha, Inc. NE$26.3M · 0.68%
Memorial Community Hospital NE$25.0M · 0.27%
Nebraska Urology, PC NE$21.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470461859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.