Plan Ledger DOL Form 5500 · updated monthly

Black River Memorial Hospital401(k)

BLACK RIVER MEMORIAL HOSPITAL RETIREMENT SAVINGS PLAN · BLACK RIVER FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Black River Memorial Hospital reported $124,686 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,998 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 0.34%. 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 519th-largest of 1,936 plans among Wisconsin employers on file, and the 2,332nd of 11,911 in health care & social assistance. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has shrunk from 362 to 310 since 2022.

Plan summary
Net assets, end of year$37,800,415
Participants with balances389
Active participants310
Employer contributions$1,239,486
Employee contributions$1,723,089
Employer contribution per active participant$3,998
Average account balance$97,173
Benefits paid to participants$4,651,752
Plan auditUnmodified (clean) audit opinion
AuditorDS&B, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$37.8M · 389 accts · $1.2M emplr
2023$35.4M · 383 accts · $1.2M emplr
2022$33.2M · 394 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,889
Investment management$66,797
Total administrative$124,686
The Black River Memorial Hospital 401(k) match · 2024
Employer contribution per active participant$3,998
Median for plans this size$2,416
2024$3,998 per active participant
2023$4,124 per active participant
2022$3,466 per active participant

Black River Memorial Hospital's 2024 employer contribution ran above 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 · 20242
WIPFLI LLP · Plan administrator · Recordkeeping$57,889
ORGEL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$66,797

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

Recordkeeper by year2
2024WIPFLI LLP
2023WIPFLI LLP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$124,686 · 0.34%
2023$127,737 · 0.37%
2022$129,520 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Richland Hospital, Inc. WI$39.3M · 0.34%
Totalmed Staffing, Inc. WI$37.3M · 0.58%
Tomah Memorial Hospital WI$35.5M · 0.36%
Vivent Health WI$34.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391027536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.