Department of Labor filing

WALKER METHODIST

WALKER METHODIST RETIREMENT SAVINGS PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 11, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

59filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$719

Reported employer contributions per active participant.

Higher than about 70% of comparable plans

#People in the filing

720

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$69 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 35% of comparable plans

↗Investment performance

Not available

Plan assets changed -2.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202359out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions70th percentileTypical peer $416 · based on 240 comparable plans

Lower reported administrative expense35th percentileTypical peer $48 · based on 271 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, WALKER METHODIST reported $517,772 in employer contributions across the plan and 720 active participants. That works out to $719 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy46%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 32.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 15.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context59/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $517,772
Participant contributions: $2,031,621
Other contributions: $102,630
Employer share of reported contributions: 20.3%
Beginning assets: $19,445,431
Ending assets: $18,958,669
Ending net assets: $18,958,669
Ending liabilities: $0
Total income: $5,699,868
Total expenses: $6,186,630
Administrative expenses: $109,487
Participant loans: $130,334

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$544

2023

$719

Plan-paid administrative expenses per participant

2022

$82

2023

$69

Active participants

2022

966

2023

720

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$719	720	19M	20241011093629NAL0022492609001
2022	$544	966	19.4M	20231016142421NAL0025821539001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 411661531-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Dec 1, 1985
Industry: Health care and social assistance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20241011093629NAL0022492609001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗