Plan Ledger DOL Form 5500 · updated monthly

Cabinet Peaks Medical Center403(b)

CABINET PEAKS MEDICAL CENTER PERSONAL RETIREMENT PLAN · LIBBY, MT · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Cabinet Peaks Medical Center reported $102,510 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,920 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 0.28% to 0.72%. 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 94th-largest of 229 plans among Montana employers on file, and the 4,507th of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 279 to 329 since 2022.

Plan summary
Net assets, end of year$14,933,880
Participants with balances406
Active participants329
Employer contributions$631,628
Employee contributions$932,652
Employer contribution per active participant$1,920
Average account balance$36,783
Benefits paid to participants$1,956,179
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 406 accts · $632K emplr
2023$13.5M · 412 accts · $535K emplr
2022$11.3M · 384 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,485
Investment management$43,025
Total administrative$102,510
Employer contributions to the Cabinet Peaks Medical Center plan · 2024
Employer contribution per active participant$1,920
Median for plans this size$2,416
2024$1,920 per active participant
2023$1,785 per active participant
2022$1,849 per active participant

Cabinet Peaks 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 · 20242
DA DAVIDSON & COMPNAY$43,025

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$102,510 · 0.72%
2023$76,009 · 0.61%
2022$35,220 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Northern Montana Hospital MT$18.5M · 0.30%
Charlie Health, Inc. MT$14.6M · 0.71%
Plains Hospital, Inc. MT$13.9M · 0.03%
Partners in Home Care, Inc. MT$11.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810241755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.