Plan Ledger DOL Form 5500 · updated monthly

Meriter Health Systems, Inc.401(k)

MERITER 401(K) PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Meriter Health Systems, Inc. reported $194,583 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,047 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 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 96th-largest of 1,936 plans among Wisconsin employers on file, and the 448th of 11,911 in health care & social assistance. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$334,573,854
Participants with balances4,559
Active participants3,454
Employer contributions$7,071,742
Employee contributions$16,511,168
Employer contribution per active participant$2,047
Average account balance$73,388
Benefits paid to participants$28,590,313
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$334.6M · 4,559 accts · $7.1M emplr
2023$297.4M · 4,365 accts · $6.7M emplr
2022$255.6M · 4,330 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,819
Investment management$45,764
Total administrative$194,583
The Meriter Health Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,047
Median for plans this size$4,294
2024$2,047 per active participant
2023$2,069 per active participant
2022$2,062 per active participant

Meriter Health Systems, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$159,966
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,700

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

Administrative cost history3
2024$194,583 · 0.06%
2023$220,935 · 0.08%
2022$205,203 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Thedacare Inc. WI$837.6M · 0.11%
Exact Sciences Corporation WI$748.8M · 0.03%
Prohealth Care, Inc. WI$635.2M · 0.08%
Prevea Clinic, Inc. WI$491.7M · 0.07%
Baycare Clinic, L.L.P. WI$315.7M · 0.12%
Forefront Management, LLC WI$217.2M · 0.43%
Versiti, Inc. WI$166.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391412318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.