Midwest Health Services, Inc.401(k)
MIDWEST HEALTH SERVICES, INC. SAFE HARBOR 401(K) PLAN · MASSILLION, OH · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Midwest Health Services, Inc. reported $29,490 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $160 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 0.74% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,720th of 3,295), and 8,677th of 11,911 in health care & social assistance. In 2022, employees put in $1.84 for every $1.00 the employer contributed.
Midwest Health Services, Inc.'s 2022 employer contribution ran below the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 341876897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.