Plan Ledger DOL Form 5500 · updated monthly

Sound Health Mso LLC401(k)

SOUND HEALTH 401(K) PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sound Health Mso LLC reported $20,982 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,066 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 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 489th-largest of 1,393 plans among Missouri employers on file, and the 3,001st of 11,911 in health care & social assistance. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$26,956,256
Participants with balances160
Active participants83
Employer contributions$835,466
Employee contributions$707,414
Employer contribution per active participant$10,066
Average account balance$168,477
Benefits paid to participants$13,782,136
Plan auditUnmodified (clean) audit opinion
The Sound Health Mso LLC 401(k) match · 2024
Employer contribution per active participant$10,066
Median for plans this size$2,416

Sound Health Mso LLC's 2024 employer contribution ran above the $2,416 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 · 20242
ALERUS FINANCIAL · Recordkeeping · Custodial (securities)$9,160
BENEFIT PLANS PLUS · Contract administrator · Plan administrator$5,225

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

Administrative cost history1
2024$20,982 · 0.07%
Similar plansHealth Care & Social Assistance · Missouri
Affinia Healthcare MO$28.4M · 0.33%
Rediscover MO$27.6M · 0.57%
Peak Sport & Spine MO$27.1M · 0.40%
Bethesda Health Group, Inc. MO$25.8M · 0.25%
Fv Services, Inc MO$22.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873674491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.