Retirement plan

MUSC HEALTH PARTNERS 401(K) PLAN

Name: MUSC HEALTH PARTNERS - MUSC HEALTH PARTNERS 401(K) PLAN (2025) Form 5500
Creator: MUSC HEALTH PARTNERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUSC HEALTH PARTNERS 401(K) PLAN, MUSC HEALTH PARTNERS

MUSC HEALTH PARTNERSEIN 81-3987037Plan #001PY 2025

1 SOUTH PARK CIRCLE, SUITE SG102 - CHARLESTON, SC 29407843-852-7078

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$50.7M

+11.4% from 2024

Total participants

1,059

+26.2% from 2024

Average account balance

$51,112

-12.9% from 2024

Annual return

12.83%

-2.86 pp from 2024

Benchmarks

See 505 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort505 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$50.70M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$51K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

992

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$99

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.3+ years Service code 15 · EIN 91-0675641	Recordkeeping	$41,765
FORVIS, LLP1 year Filed as: FORVIS MAZARS, LLP Service code 10 · EIN 44-0160260	Accounting	$36,960
CAPFINANCIAL PARTNERS LLC3+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 19 · EIN 26-0058143	Securities Custodian	$13,063
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$6,237
CHARLES SCHWAB & CO., INC.2 years Service code 19 · EIN 94-2737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$98K

$177 / participant

Recordkeeping$42K42.6%
Trustee / custodial$6K6.4%
Investment mgmt$13K13.3%
Other / not subdivided$37K37.7%

% of EOY assets

0.193%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $36,960
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,112

$36,904+38.5%

$158,223-67.7%

$65,191-21.6%

Participation rate

87.9%

62.1%+25.8pp

79.2%+8.7pp

63.0%+24.9pp

Annual return

12.83%

24.43%-11.6pp

52.09%-39.3pp

51.24%-38.4pp

Employer contribution / active EE

$3,456

$1,489+132.0%

$4,109-15.9%

$2,400+44.0%

Participant deferral / active EE

$2,206

$1,936+14.0%

$5,467-59.6%

$2,671-17.4%

Admin fee / account holder

$99

$793-87.5%

$16,047-99.4%

$907-89.1%

Provider

Service type

Compensation

MILLIMAN, INC.3+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$41,765

FORVIS, LLP1 year

Filed as: FORVIS MAZARS, LLP

Service code 10 · EIN 44-0160260

Accounting

$36,960

CAPFINANCIAL PARTNERS LLC3+ years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 19 · EIN 26-0058143

Securities Custodian

$13,063

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$6,237

CHARLES SCHWAB & CO., INC.2 years

Service code 19 · EIN 94-2737782

Securities Custodian

MUSC HEALTH PARTNERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUSC HEALTH PARTNERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion