Plan Snapshot
- Plan Sponsor: Memorial Health System
- Sponsor EIN: 371110690
- Sponsor Address: 701 N. 1ST STREET, SPRINGFIELD, IL, 62781
- Plan Type: 401(k)
- Total Participants: 7,980
- Total Assets: $719.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,980 | $719.0M | $38.8M | $37.0M |
| 2023 | 7,526 | $617.7M | $23.8M | $37.0M |
| 2022 | 7,935 | $475.3M | $36.1M | $34.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $451,107 | — | $900 | — | — |
| 2023 | $501,769 | — | $3,900 | — | — |
| 2022 | $583,793 | — | — | — | — |