Retirement plan

INTERMOUNTAIN HEALTH 401(K) PLAN

INTERMOUNTAIN HEALTH CARE, INC.EIN 87-0269232Plan #002PY 2024
36 S STATE ST, 16TH FLOOR - SALT LAKE CITY, UT 84111801-442-2000LinkedIn11-50 employeesmedical practice
Prospect flagsLow returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(801) 442-2000
Plan administrator signer
DAVID K. ADAMS
Signed 10/11/2025

Summary metrics

Total assets (EOY)
$6832.9M
-7.2% from 2016
Total participants
86,655
-4.3% from 2016
Average account balance
$81,474
-2.5% from 2016
Annual return
12.67%
-4.14 pp from 2016

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort275 peers
Snapshot2024
Participant deferral / active EE
$5,189
median $4,708
Employer contribution / active EE
$3,123
median $2,014
Participation rate
96.0%
median 86.4%
Avg account balance
$81,474
median $64,875
Admin fee / account holder
$117
median $50
Annual return
12.67%
median 14.66%
Overall peer rank
47th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$6.83B
Average account balance
Total assets / participants with a balance (line 6g)
$81K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
83,866
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.0%
Contributions (total)
Employer and participant dollars contributed each year
$573.85M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.67%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$117
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 40 by compensation
ProviderService typeCompensation
Service code 15
1307 POINT STREET · BALTIMORE, MD 21231
Recordkeeping
$3,483,000
Service code 27
1000 WILSON BLVD · ARLINGTON, VA 22209
Advisory (Plan)
$2,562,000
Service code 26 · EIN 82-1306760
Advisory (Participants)
$1,825,000
Service code 27
50 S. LASALLE STREET · CHICAGO, IL 60675
Advisory (Plan)
$436,000
INVESCO8 years
Service code 27
PO BOX 219078 · KANSAS CITY, MO 64121
Advisory (Plan)
$348,000
Service code 26 · EIN 27-3616371
Advisory (Participants)
$244,000
Service code 26 · EIN 36-4410122
Advisory (Participants)
$135,000
Service code 26 · EIN 47-4596387
Advisory (Participants)
$102,000
MERCER6 years
Service code 16
PO BOX 13793 · DALLAS, TX 75373
Consulting
$98,000
Service code 26 · EIN 92-1345960
Advisory (Participants)
$50,000

Plan features & details

Pension benefit codes2E2F2G2J2R2S3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$9.8M
$142 / participant
  • Recordkeeping$3M28.5%
  • Trustee / custodial$355K3.6%
  • Investment mgmt$6M63.1%
  • Legal$24K0.2%
  • Contract admin$49K0.5%
  • Other / not subdivided$399K4.1%
% of EOY assets
0.143%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CROWE, LLP
Auditor EIN
350921680
Audit fees
$40,000
Opinion code
Unqualified