Shelby County Memorial Hospital Association DBA Wilson Health 401(k) Review & Grade
Wilson Health 401(k) Plan · d/b/a DBA Wilson Health
Sidney, OHHealth Care & Social Assistance743 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,054Employer $ per active participant
$4,222Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$88.8MNet plan assets, end of year
$86,850Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving10.6 / 1571th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 84th |
| Employee saving | 71th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Shelby County Memorial Hospital Association DBA Wilson Health put in about $3,054 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,268,802 |
| Participant (employee) contributions | $3,136,658 |
| Other contributions (incl. rollovers in) | $468,317 |
| Administrative expenses paid from the plan | $53,245 |
| Investment advisory & management fees | $15,390 |
| Benefits paid out | $13,012,721 |
| Net assets, start / end of year | $84.2M / $88.8M |
| Active participants, start / end of year | 731 / 755 |
| Participants with account balances | 1,023 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Blue & Co., LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $37,855 reported compensation |
| Strategic Advisors, Inc. | $15,390 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015142807NAL0005131857001, received 2025-10-15, EIN 34-4427944, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.