Plan Ledger DOL Form 5500 · updated monthly

Texas Medical CenterDC plan

TEXAS MEDICAL CENTER 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Texas Medical Center reported $6,343 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,288 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 0.03% to 0.04%. 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 2,109th-largest of 5,688 plans among Texas employers on file, and the 3,835th of 11,911 in health care & social assistance. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves; active participation has grown from 100 to 164 since 2022.

Plan summary
Net assets, end of year$18,924,778
Participants with balances219
Active participants164
Employer contributions$1,851,169
Employee contributions$1,235,950
Employer contribution per active participant$11,288
Average account balance$86,415
Benefits paid to participants$1,447,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 219 accts · $1.9M emplr
2023$15.0M · 222 accts · $1.4M emplr
2022$11.3M · 153 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,343
Total administrative$6,343
Employer contributions to the Texas Medical Center plan · 2024
Employer contribution per active participant$11,288
Median for plans this size$2,416
2024$11,288 per active participant
2023$8,676 per active participant
2022$7,525 per active participant

Texas Medical Center'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 · 20241
MILLIMAN, INC. · Recordkeeping · Loan processing$6,343

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

Administrative cost history3
2024$6,343 · 0.04%
2023$3,734 · 0.03%
2022$3,145 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Texas Hospital Association TX$19.3M · 0.28%
Everly Health, Inc. TX$18.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741030788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.