Employers › Trinity Health › plan 012
Recordkeeping fees per participant · Trinity Health 401(k) Retirement Savings Plan · plan year 2024
$18.66
Higher than 16% of the 1,697 plans $250M to 1B that report it.
= $164,310 / 8,807
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010085551NAL0007400801001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010085551NAL0007400801001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-10-10.
Administrative expenses excluding investment management, per participant
$37.93
Higher than 21% of the 2,324 plans $250M to 1B that report it.
= $334,050 / 8,807
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010085551NAL0007400801001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010085551NAL0007400801001, received 2025-10-10
Administrative expenses per participant
$46.32
Higher than 18% of the 2,405 plans $250M to 1B that report it.
= $407,921 / 8,807
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010085551NAL0007400801001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010085551NAL0007400801001, received 2025-10-10
Administrative expenses as a share of assets
0.052%
Higher than 34% of the 2,407 plans $250M to 1B that report it.
= $407,921 / $779,480,470
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010085551NAL0007400801001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010085551NAL0007400801001, received 2025-10-10
Employer contributions per participant
$1,212
Higher than 11% of the 2,457 plans $250M to 1B that report it.
= $10,672,891 / 8,807
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010085551NAL0007400801001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010085551NAL0007400801001, received 2025-10-10
Employer share of total contributions
43.3%
Higher than 82% of the 2,459 plans $250M to 1B that report it.
= $10,672,891 / $24,651,036
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010085551NAL0007400801001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010085551NAL0007400801001, received 2025-10-10
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010085551NAL0007400801001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TRINITY HEALTH CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Plan name | TRINITY HEALTH 401(K) RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Sponsor EIN / plan number | 35-1443425 / 012 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Sponsor location | LIVONIA, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Industry (business code) | 622000, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Participants, beginning of year | 9,723 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Active participants | 10,131 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Participants, end of year | 13,933 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Participants with an account balance | 8,807 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total assets, beginning of year | $721,892,288 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total assets, end of year | $779,480,470 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Net assets, end of year | $779,480,470 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total income | $130,198,218 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Net income | $43,147,724 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Employer contributions | $10,672,891 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Participant contributions | $11,552,312 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $2,425,833 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total contributions | $24,651,036 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Benefit payments | $86,596,311 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $87,050,494 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Total administrative expenses | $407,921 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Contract administrator fees | $5,058 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Recordkeeping fees | $164,310 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| IQPA audit fees | $30,200 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Investment advisory and management fees | $73,871 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Administrative expenses excluding investment management | $334,050 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Held in common/collective trusts | $574,650,624 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Held in mutual funds | $96,286,054 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010085551NAL0007400801001, received 2025-10-10 |
| Independent auditor | PLANTE & MORAN, PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010085551NAL0007400801001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010085551NAL0007400801001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FID INV INST OPS COrecordkeeper | RECORDKEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $165,031 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $73,871 | no |
| PLANTE & MORAN, PLLC | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $30,200 | no |
| MERCER | CONSULTANT | 16 Consulting (general); 50 Direct payment from the plan | $8,305 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010085551NAL0007400801001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $721,892,288 | $779,480,470 | 8.0% |
| Participants with a balance | 9,110 | 8,807 | -3.3% |
| Administrative expenses | $464,346 | $407,921 | -12.2% |
| Recordkeeping fees per participant | $20.71 | $18.66 | -9.9% |
| Employer contributions | $6,557,374 | $10,672,891 | 62.8% |
Prior filing 20241014105632NAL0025982481001, received 2024-10-14; the plan years are contiguous.