TALLAHASSEE MEMORIAL HEALTHCARE 401(A) RETIREMENT SAVINGS PLAN · TALLAHASSEE, FL · plan year 2024
Reported admin expense ratio · 2024
0.13%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Tallahassee Memorial Healthcare Inc reported $244,455 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,556 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 0.19% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 187th-largest of 3,644 plans among Florida employers on file, and the 656th of 11,911 in health care & social assistance. active participation has grown from 3,066 to 5,337 since 2022.
Plan summary
Net assets, end of year$193,432,115
Participants with balances4,455
Active participants5,337
Employer contributions$13,641,632
Employee contributions$0
Employer contribution per active participant$2,556
Employer contributions to the Tallahassee Memorial Healthcare Inc plan · 2024
Employer contribution per active participant$2,556
Median for plans this size$3,635
2024$2,556 per active participant
2023$2,557 per active participant
2022$3,963 per active participant
Tallahassee Memorial Healthcare Inc's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 591917016 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.