Plan Ledger DOL Form 5500 · updated monthly

Bighorn Valley Health Center, Inc.403(b)

BIGHORN VALLEY HEALTH CENTER, INC. 403(B) PLAN · LEWISTOWN, MT · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Bighorn Valley Health Center, Inc. reported $55,371 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,052 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 0.45% to 0.74%. 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 (131st of 229), and the 5,792nd of 11,911 in health care & social assistance. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 261 to 456 since 2022.

Plan summary
Net assets, end of year$9,740,239
Participants with balances342
Active participants456
Employer contributions$479,708
Employee contributions$1,265,460
Employer contribution per active participant$1,052
Average account balance$28,480
Benefits paid to participants$401,872
Plan auditUnmodified (clean) audit opinion
AuditorDZA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 342 accts · $480K emplr
2023$5.1M · 270 accts · $381K emplr
2022$3.0M · 247 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,249
Investment management$16,766
Trustee / custodial$1
Total administrative$55,371
Employer contributions to the Bighorn Valley Health Center, Inc. plan · 2024
Employer contribution per active participant$1,052
Median for plans this size$1,313
2024$1,052 per active participant
2023$1,288 per active participant
2022$985 per active participant

Bighorn Valley Health Center, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
JULY BUSINESS SERVICES LLC · Recordkeeping$22,800
HTLF RETIREMENT PLAN SERVICES · Investment advisory (participants)$16,766

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

Recordkeeper by year2
2024July Business Services
2023July Business Services, Vanguard

This plan has changed recordkeepers within these filings. If you left Bighorn Valley Health Center, Inc. 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$55,371 · 0.74%
2023$33,525 · 0.82%
2022$12,967 · 0.45%
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 273113428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.