Plan Ledger DOL Form 5500 · updated monthly

Mercy Flights Incorporated401(k)

MERCY FLIGHTS INCORPORATED RETIREMENT PLAN AND TRUST · MEDFORD, OR · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Mercy Flights Incorporated reported $59,046 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $3,222 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 0.56% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (545th of 1,021), and the 5,579th of 11,911 in health care & social assistance. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,418,221
Participants with balances255
Active participants191
Employer contributions$615,458
Employee contributions$1,003,846
Employer contribution per active participant$3,222
Average account balance$40,856
Benefits paid to participants$1,041,893
Plan auditUnmodified (clean) audit opinion
AuditorKDP
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 255 accts · $615K emplr
2023$8.4M · 237 accts · $743K emplr
2022$7.0M · 247 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,931
Investment management$28,115
Total administrative$59,046
The Mercy Flights Incorporated 401(k) match · 2024
Employer contribution per active participant$3,222
Median for plans this size$1,313
2024$3,222 per active participant
2023$4,267 per active participant
2022$2,570 per active participant

Mercy Flights Incorporated's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ADP, INC. · Recordkeeping$30,931
D.A. DAVIDSON & CO. · Recordkeeping · Trustee$28,115
ADP BROKER-DEALERindirect 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
2024ADP, D.A. DAVIDSON & CO.
2023ADP, D.A. DAVIDSON & CO.

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Administrative cost history3
2024$59,046 · 0.63%
2023$38,355 · 0.50%
2022$41,351 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Willamette View, Inc. OR$11.0M · 0.60%
Bend Surgery Center, LLC OR$10.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930512235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.