Plan Snapshot
- Plan Sponsor: The Methodist Hospitals, INC.
- Sponsor EIN: 350868133
- Sponsor Address: 600 RICHARD GORDON HATCHER BLVD, GARY, IN, 46402
- Plan Type: 401(k)
- Total Participants: 2,960
- Total Assets: $191.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,960 | $191.2M | $3.1M | $8.4M |
| 2023 | 2,983 | $167.1M | $2.9M | $7.5M |
| 2022 | 2,923 | $141.5M | $2.7M | $6.8M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — 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 | $296,536 | — | $286,561 | — | — |
| 2023 | $218,132 | — | $217,132 | — | — |
| 2022 | $311,809 | — | $311,809 | — | — |