Plan Ledger DOL Form 5500 · updated monthly

Arkansas Valley Regional Medical Center401(k)

ARKANSAS VALLEY REGIONAL MEDICAL CENTER 401K PLAN AND TRUST · LA JUNTA, CO · plan year 2024

Reported admin expense ratio · 2024
0.40%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Arkansas Valley Regional Medical Center reported $99,013 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,809 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 423rd-largest of 1,461 plans among Colorado employers on file, and the 3,127th of 11,911 in health care & social assistance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 287 to 327 since 2022.

Plan summary
Net assets, end of year$25,376,892
Participants with balances365
Active participants327
Employer contributions$591,428
Employee contributions$1,247,169
Employer contribution per active participant$1,809
Average account balance$69,526
Benefits paid to participants$4,202,837
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 365 accts · $591K emplr
2023$24.5M · 346 accts · $527K emplr
2022$20.4M · 341 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,013
Total administrative$99,013
The Arkansas Valley Regional Medical Center 401(k) match · 2024
Employer contribution per active participant$1,809
Median for plans this size$2,416
2024$1,809 per active participant
2023$1,787 per active participant
2022$1,655 per active participant

Arkansas Valley Regional Medical Center's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$99,012
GLOBAL RETIREMENT PARTNERS, LLC, A · Investment advisory (participants) · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$99,013 · 0.40%
2023$92,319 · 0.41%
2022$87,401 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Colorado

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Source: U.S. Department of Labor, Form 5500 series, EIN 841465990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.