Plan Ledger DOL Form 5500 · updated monthly

Moundview Memorial Hospital & Clinics, Inc.403(b)

MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM · FRIENDSHIP, WI · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Moundview Memorial Hospital & Clinics, Inc. reported $41,390 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,244 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 1 year on file its reported administrative ratio fell from 0.64% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,326th of 1,936), and 6,007th of 11,911 in health care & social assistance. In 2023, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,148,526
Participants with balances198
Active participants149
Employer contributions$185,369
Employee contributions$540,812
Employer contribution per active participant$1,244
Average account balance$46,205
Benefits paid to participants$542,035
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.1M · 198 accts · $185K emplr
2022$7.6M · 187 accts · $143K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,216
Investment management$14,174
Total administrative$41,390
Employer contributions to the Moundview Memorial Hospital & Clinics, Inc. plan · 2023
Employer contribution per active participant$1,244
Median for plans this size$1,308
2023$1,244 per active participant
2022$1,004 per active participant

Moundview Memorial Hospital & Clinics, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$27,216
GLOBAL RETIREMENT PARTNERS LLC · Contract administrator$14,174

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

Administrative cost history2
2023$41,390 · 0.49%
2022$52,248 · 0.64%
Similar plansHealth Care & Social Assistance · Wisconsin
Cherry Tree Dental LLC WI$10.4M · 0.49%
Hegg Memorial Health Center WI$10.0M · 0.73%
Newcap, Inc. WI$9.5M · 0.01%
Saelens Corporation WI$8.9M · 0.67%
Cap Services, Inc. WI$8.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390944012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.