Plan Ledger DOL Form 5500 · updated monthly

Miller's Health Systems, Inc.401(k)

MILLER'S HEALTH SYSTEMS, INC. PROFIT SHARING PLAN · WARSAW, IN · plan year 2020

Reported admin expense ratio · 2020
0.22%

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

Miller's Health Systems, Inc. reported $109,129 in plan administrative expenses for 2020: 0.22% of average plan assets, above the peer median. Employer contributions averaged $346 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 265th-largest of 1,562 plans among Indiana employers on file, and the 1,744th of 11,911 in health care & social assistance. In 2020, employees put in $3.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,248,582
Participants with balances1,143
Active participants1,666
Employer contributions$577,097
Employee contributions$2,096,514
Employer contribution per active participant$346
Average account balance$47,462
Benefits paid to participants$3,563,988
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$47.2M · 801 accts · $372K emplr
2023$47.0M · 855 accts · $188K emplr
2022$41.4M · 908 accts · $393K emplr
2020$54.2M · 1,143 accts · $577K emplr
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$7,820
Investment management$101,309
Total administrative$109,129
The Miller's Health Systems, Inc. 401(k) match · 2020
Employer contribution per active participant$346
Median for plans this size$1,627
2024$390 per active participant
2023$211 per active participant
2022$462 per active participant
2020$346 per active participant

Miller's Health Systems, Inc.'s 2020 employer contribution ran below the $1,627 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2024Not separately reported
2023Not separately reported
2022Not separately reported
2020$109,129 · 0.22%
All plans at this employer2
MILLER'S HEALTH SYSTEMS, INC. PROFIT SHARING PLAN401(k)
MILLER'S HEALTH SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 382889455 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.