Plan Ledger DOL Form 5500 · updated monthly

The Infirmary Health System, Inc.401(k)

THE INFIRMARY 401(K) PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

The Infirmary Health System, Inc. reported $606,362 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,934 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 0.08% to 0.17%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 25th-largest of 902 plans among Alabama employers on file, and the 412th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$372,242,420
Participants with balances5,430
Active participants6,046
Employer contributions$11,694,179
Employee contributions$19,433,251
Employer contribution per active participant$1,934
Average account balance$68,553
Benefits paid to participants$31,253,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$372.2M · 5,430 accts · $11.7M emplr
2023$335.5M · 5,450 accts · $11.5M emplr
2022$285.4M · 5,295 accts · $11.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$572,442
Investment management$14,210
Total administrative$606,362
The The Infirmary Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$1,934
Median for plans this size$4,294
2024$1,934 per active participant
2023$1,986 per active participant
2022$2,005 per active participant

The Infirmary Health System, Inc.'s 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$571,542
MARINER INSTITUTIONAL LLC$14,210
ANDCO CONSULTING LLC · Investment advisory (plan)$14,210
LEXISNEXIS RISK SOLUTIONS FL INC DB · Participant communication$5,850
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$150

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

Recordkeeper by year2
2024Empower
2023NATIONAL FINANCIAL SERVICES, LLC, Prudential

This plan has changed recordkeepers within these filings. If you left The Infirmary Health System, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$606,362 · 0.17%
2023$206,187 · 0.07%
2022$237,455 · 0.08%
All plans at this employer2
THE INFIRMARY 403(B) PLAN403(b)
THE INFIRMARY 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Rehab Employee Services, LLC AL$208.6M · 0.30%
Uab Medicine Enterprise AL$122.3M · 0.16%
Nhs Management, LLC AL$97.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630841123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.