Plan Ledger DOL Form 5500 · updated monthly

Astera Health403(b)

ASTERA HEALTH EMPLOYEE RETIREMENT PLAN · WADENA, MN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Astera Health reported $113,162 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,220 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 2 years on file its reported administrative ratio rose from 0.24% to 0.26%. 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 525th-largest of 1,918 plans among Minnesota employers on file, and the 2,007th of 11,911 in health care & social assistance. In 2024, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,083,975
Participants with balances597
Active participants462
Employer contributions$563,659
Employee contributions$2,467,989
Employer contribution per active participant$1,220
Average account balance$77,193
Benefits paid to participants$4,770,076
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.1M · 597 accts · $564K emplr
2023$42.0M · 644 accts · $583K emplr
2022$39.4M · 588 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,162
Total administrative$113,162
The Astera Health 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$2,416
2024$1,220 per active participant
2023$1,295 per active participant
2022$2,290 per active participant

Astera Health's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$113,162
GALLAGHER BENEFIT SERVICES INC. · Recordkeeping · Investment advisory (plan)$55,000

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

Recordkeeper by year2
2024Empower, GALLAGHER BENEFIT SERVICES INC.
2023Empower

This plan has changed recordkeepers within these filings. If you left Astera Health before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$113,162 · 0.26%
2023$118,258 · 0.29%
2022$108,885 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Minnesota Urology P.A. MN$54.2M · 0.41%
St. Paul Eye Clinic, P.A. MN$52.7M · 0.00%
Cirtec Medical Corporation MN$52.1M · 0.43%
Nystrom & Associates, LTD. MN$47.9M · 0.53%
Lifecare Medical Center MN$45.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410713913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.