Plan Ledger DOL Form 5500 · updated monthly

Big Horn Hospital Association401(k)

BIG HORN HOSPITAL ASSOCIATION 401(K) PLAN · HARDIN, MT · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Big Horn Hospital Association reported $52,869 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $2,849 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 0.61% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Montana (134th of 229), and 6,121st of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,815,084
Participants with balances119
Active participants108
Employer contributions$307,697
Employee contributions$485,003
Employer contribution per active participant$2,849
Average account balance$74,076
Benefits paid to participants$380,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 119 accts · $308K emplr
2023$7.4M · 122 accts · $292K emplr
2022$5.6M · 123 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,925
Total administrative$52,869
The Big Horn Hospital Association 401(k) match · 2024
Employer contribution per active participant$2,849
Median for plans this size$1,313
2024$2,849 per active participant
2023$2,729 per active participant
2022$2,673 per active participant

Big Horn Hospital Association's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
FIRST INTERSTATE WEALTH MANAGEMENT$25,222
RANDALL & HURLEY · Contract administrator$6,367

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$52,869 · 0.65%
2023$35,962 · 0.55%
2022$39,102 · 0.61%
Similar plansHealth Care & Social Assistance · Montana
Partners in Home Care, Inc. MT$11.8M · 0.74%
A.W.A.R.E. Inc. MT$8.6M · 0.83%
Beartooth Billings Clinic MT$7.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810384618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.