Plan Ledger DOL Form 5500 · updated monthly

Memorial Community Hospital401(k)

MCH HEALTH SYSTEM 401(K) PLAN · BLAIR, NE · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Memorial Community Hospital reported $62,124 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,881 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 rose from 0.24% to 0.27%. 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 213th-largest of 565 plans among Nebraska employers on file, and the 3,161st of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,977,580
Participants with balances246
Active participants307
Employer contributions$577,510
Employee contributions$1,384,307
Employer contribution per active participant$1,881
Average account balance$101,535
Benefits paid to participants$2,401,659
Plan auditDisclaimer of opinion
AuditorGABRIEL BURGER ELSE CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 246 accts · $578K emplr
2023$21.4M · 245 accts · $507K emplr
2022$16.9M · 236 accts · $430K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,124
Total administrative$62,124
The Memorial Community Hospital 401(k) match · 2024
Employer contribution per active participant$1,881
Median for plans this size$2,416
2024$1,881 per active participant
2023$1,667 per active participant
2022$1,493 per active participant

Memorial Community Hospital's 2024 employer contribution ran below 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 · 20241
UNION BANK & TRUST COMPANY · Claims processing · Recordkeeping$62,124

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

Recordkeeper by year2
2024UNION BANK & TRUST COMPANY
2023UNION BANK & TRUST COMPANY

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

Administrative cost history3
2024$62,124 · 0.27%
2023$49,860 · 0.26%
2022$45,523 · 0.24%
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%
Nebraska Urology, PC NE$21.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470426285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.