Plan Ledger DOL Form 5500 · updated monthly

Midland Community Healthcare Services, Inc.401(k)

MIDLAND COMMUNITY HEALTHCARE SERVICES, INC. 401(K) PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Midland Community Healthcare Services, Inc. reported $7,575 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,945 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 0.12% to 0.10%. 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 Texas (3,338th of 5,688), and 6,315th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,321,786
Participants with balances108
Active participants99
Employer contributions$291,517
Employee contributions$530,989
Employer contribution per active participant$2,945
Average account balance$77,054
Benefits paid to participants$255,664
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 108 accts · $292K emplr
2023$6.6M · 105 accts · $276K emplr
2022$5.2M · 105 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,575
Total administrative$7,575
The Midland Community Healthcare Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,945
Median for plans this size$1,313
2024$2,945 per active participant
2023$2,756 per active participant
2022$2,604 per active participant

Midland Community Healthcare Services, Inc.'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$68,376

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$7,575 · 0.10%
2023$7,024 · 0.12%
2022$6,714 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Ocusoft, Inc TX$8.5M · 0.61%
Manor Park, Inc. TX$8.4M · 0.74%
Cenikor Foundation TX$8.2M · 0.01%
Aids Arms, Inc. TX$8.2M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830358685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.