Plan Snapshot
- Plan Sponsor: Mercy Health Corporation
- Sponsor EIN: 472158680
- Sponsor Address: 3401 N. PERRYVILLE ROAD, SUITE 303, ROCKFORD, IL, 61114
- Plan Type: 403(b)
- Total Participants: 7,008
- Total Assets: $827.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 7,008 | $827.7M | $21.2M | $36.1M |
| 2023 | 6,868 | $736.6M | $20.0M | $33.7M |
| 2022 | 7,387 | $707.1M | $15.6M | $31.4M |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — 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 | $695,390 | $66,652 | — | — | — |
| 2023 | $524,796 | $29,164 | — | — | — |
| 2022 | $125,773 | — | — | — | — |