401k Record

Employers › Hackensack Meridian Health

Hackensack Meridian Health 401(k)

Recordkeeping fees per participant · largest plan, HMH 401(k) Savings Plan · plan year 2024

$38.23

Higher than 59% of the 790 plans over $1B that report it.

Source

= $2,063,397 / 53,979
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015085503NAL0008415362001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015085503NAL0008415362001, received 2025-10-15

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.

Largest plan, all six figures: HMH 401(k) Savings Plan

Recordkeeping fees per participantheadline

$38.23

10th: $6.72median $34.2890th: $56.58

Higher than 59% of the 790 plans over $1B that report it.

Source

= $2,063,397 / 53,979
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015085503NAL0008415362001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015085503NAL0008415362001, received 2025-10-15

Administrative expenses excluding investment management, per participant

$38.32

10th: $9.43median $44.4790th: $97.55

Higher than 37% of the 1,045 plans over $1B that report it.

Source

= $2,068,651 / 53,979
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015085503NAL0008415362001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015085503NAL0008415362001, received 2025-10-15

Administrative expenses per participant

$38.32

10th: $24.33median $70.0390th: $174.36

Higher than 19% of the 1,076 plans over $1B that report it.

Source

= $2,068,651 / 53,979
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015085503NAL0008415362001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015085503NAL0008415362001, received 2025-10-15

Administrative expenses as a share of assets

0.097%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 85% of the 1,076 plans over $1B that report it.

Source

= $2,068,651 / $2,131,270,226
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015085503NAL0008415362001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015085503NAL0008415362001, received 2025-10-15

Employer contributions per participant

$2,675

10th: $1,442median $3,74490th: $8,760

Higher than 30% of the 1,135 plans over $1B that report it.

Source

= $144,370,602 / 53,979
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015085503NAL0008415362001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015085503NAL0008415362001, received 2025-10-15

Employer share of total contributions

36.0%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 61% of the 1,135 plans over $1B that report it.

Source

= $144,370,602 / $401,180,076
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015085503NAL0008415362001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015085503NAL0008415362001, received 2025-10-15

Plan terms, as stated in Hackensack Meridian Health, Inc.'s SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
HMH 401(k) Savings Plan$2,131,270,22653,979 $38.23 recordkeeping fees per participant2024
HMH 401(k) Savings Plan - Health Venturesfinal filing$00 2023
HMH 401(k) Savings Plan - HUMC & PMC Grandfathered Participantsfinal filing$00 2023
HMH 401(k) Savings Plan - Shrewsbury Collectively Bargainedfinal filing$00 2023

Alerts, claims and corrections

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Sponsor name as filed: HACKENSACK MERIDIAN HEALTH; SEC registrant: Hackensack Meridian Health, Inc. (CIK 1851813, matched by EIN).