Plan Ledger DOL Form 5500 · updated monthly

Mercy Housing, Inc.403(b)

MERCY HOUSING, INC. 403(B) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Mercy Housing, Inc. reported $279,188 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,417 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 3 years on file its reported administrative ratio has held roughly steady near 0.307%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 133rd-largest of 1,461 plans among Colorado employers on file, and the 131st of 2,096 in real estate & leasing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,368,697
Participants with balances2,368
Active participants1,695
Employer contributions$4,096,378
Employee contributions$6,836,192
Employer contribution per active participant$2,417
Average account balance$40,696
Benefits paid to participants$12,707,436
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.4M · 2,368 accts · $4.1M emplr
2023$85.5M · 2,225 accts · $3.7M emplr
2022$68.2M · 2,265 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$228,743
Investment management$33,645
Audit (IQPA)$16,800
Total administrative$279,188
Employer contributions to the Mercy Housing, Inc. plan · 2024
Employer contribution per active participant$2,417
Median for plans this size$3,635
2024$2,417 per active participant
2023$2,222 per active participant
2022$2,093 per active participant

Mercy Housing, Inc.'s 2024 employer contribution ran below the $3,635 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$228,743
INNOVEST PORTFOLIO SOLUTIONS, LLC · Investment advisory (plan)$33,645
COHN REZNICK · Accounting / audit$16,800
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$279,188 · 0.31%
2023$262,519 · 0.34%
2022$226,058 · 0.31%
Same employer
Similar plansReal Estate & Leasing · Colorado
M.D.C. Holdings, Inc. CO$158.8M · 0.10%
Apartment Income Reit Corp. CO$113.8M · 0.07%
Re/Max, LLC CO$76.4M · 0.19%
Simpson Housing Lllp CO$72.7M · 0.18%
Coresite, L.L.C. CO$61.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470646706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.