Plan Ledger DOL Form 5500 · updated monthly

The Methodist Hospitals, Inc.401(k)

THE METHODIST HOSPITALS, INC. 401(K) SAVINGS PLAN · GARY, IN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

The Methodist Hospitals, Inc. reported $296,536 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,043 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 0.20% to 0.17%. 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 82nd-largest of 1,562 plans among Indiana employers on file, and the 663rd of 11,911 in health care & social assistance. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$191,153,266
Participants with balances2,546
Active participants2,960
Employer contributions$3,086,105
Employee contributions$8,425,376
Employer contribution per active participant$1,043
Average account balance$75,080
Benefits paid to participants$16,604,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$191.2M · 2,546 accts · $3.1M emplr
2023$167.1M · 2,399 accts · $2.9M emplr
2022$141.5M · 2,250 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$286,561
Total administrative$296,536
The The Methodist Hospitals, Inc. 401(k) match · 2024
Employer contribution per active participant$1,043
Median for plans this size$3,635
2024$1,043 per active participant
2023$969 per active participant
2022$915 per active participant

The Methodist Hospitals, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Recordkeeping$296,536
CAPTRUST FINANCIAL ADVISORS · Other servicesindirect comp

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

Recordkeeper by year2
2024Voya
2023Voya

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$296,536 · 0.17%
2023$218,132 · 0.14%
2022$311,809 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Trimedx Holdings, LLC IN$244.6M · 0.21%
Union Hospital, Inc. IN$232.8M · 0.16%
Orthoindy IN$229.4M · 0.05%
South Bend Clinic IN$160.8M · 0.11%
Unity Healthcare, LLC IN$105.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350868133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.