Plan Ledger DOL Form 5500 · updated monthly

Capitol View Transitional Care Center403(b)

CAPITOL VIEW TRANSITIONAL CARE CENTER SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Capitol View Transitional Care Center reported $6,387 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $823 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 fell from 0.15% to 0.12%. 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 Minnesota (1,562nd of 1,918), and 7,677th of 11,911 in health care & social assistance. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 109 to 124 since 2022.

Plan summary
Net assets, end of year$5,416,616
Participants with balances84
Active participants124
Employer contributions$102,017
Employee contributions$277,348
Employer contribution per active participant$823
Average account balance$64,484
Benefits paid to participants$654,426
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 84 accts · $102K emplr
2023$5.0M · 69 accts · $92K emplr
2022$4.2M · 119 accts · $92K emplr
Administrative expenses, itemized · 2024
Investment management$6,387
Total administrative$6,387
Employer contributions to the Capitol View Transitional Care Center plan · 2024
Employer contribution per active participant$823
Median for plans this size$1,313
2024$823 per active participant
2023$817 per active participant
2022$848 per active participant

Capitol View Transitional Care Center'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 · 20241
FIDELITY INVESTMENTS INS OP · Loan processing$6,387

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$6,387 · 0.12%
2023$6,497 · 0.14%
2022$6,741 · 0.15%
Similar plansHealth Care & Social Assistance · Minnesota
Think Small MN$5.5M · 0.76%
Pioneer Home, Inc. MN$5.5M · 0.60%
New Challenges, Inc. MN$5.2M · 1.04%
Semcac MN$5.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412011453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.