Meriter 401(K) Plan — Form 5500 plan (Meriter Health Systems, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Meriter 401(K) Plan is a benefit plan reported by Meriter Health Systems, Inc. under EIN 39-1412318 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,436 participants and $297,447,879 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$297.4MPlan net assets, end of year$297,447,879
Participants4.4KCovered participants reported4,436
Assets / participant$67.1KComputed: assets ÷ participants$67,053 (computed)
Provider compensation$190.7K2 Schedule C provider row(s)$190,693
Plan sponsor
Meriter Health Systems, Inc.
EIN
39-1412318
Plan number
003
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,436H, C20240927125108NAL0001070483001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$297.4M total assets
Net assets$297.4MLiabilities$0
Money in vs. money out
Total income / additions$68.3M
Total expenses$26.5M
Benefits paid / distributions$26.2M
Contributions
Employer$6.7M
Participant$15.3M
Full reported line items

Net assets

Total assets (EOY)
$297,447,879
Total liabilities (EOY)
$0
Net assets (EOY)
$297,447,879
Net assets (BOY)
$255,592,565

Income & contributions

Employer contributions
$6,721,297
Participant contributions
$15,334,200
Total contributions
$23,546,905
Total income / additions
$68,345,385

Expenses & distributions

Benefits paid
$26,213,439
Administrative expenses
$220,935
Total expenses
$26,490,071
Net increase / (decrease)
$41,855,314
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income38%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$160,219$02023
Strategic Advisors, Inc.ADVISOR$30,474not reported in the loaded dataset2023

Related Form 5500 pages