Plan Ledger DOL Form 5500 · updated monthly

Caribou Medical Center Plan401(k)

CARIBOU MEDICAL CENTER EMPLOYEE RETIREMENT PLAN · SODA SPRINGS, ID · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Caribou Medical Center Plan reported $52,873 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,335 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 1 year on file its reported administrative ratio fell from 0.54% to 0.40%. 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 133rd-largest of 349 plans among Idaho employers on file, and the 4,631st of 11,911 in health care & social assistance. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,261,038
Participants with balances170
Active participants220
Employer contributions$733,791
Employee contributions$898,497
Employer contribution per active participant$3,335
Average account balance$83,888
Benefits paid to participants$901,395
Plan auditQualified audit opinion
AuditorJOHN MOORE
Plan history2
Yearassets · accounts · employer contribution
2024$14.3M · 170 accts · $734K emplr
2023$12.1M · 167 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,873
Total administrative$52,873
The Caribou Medical Center Plan 401(k) match · 2024
Employer contribution per active participant$3,335
Median for plans this size$2,416
2024$3,335 per active participant
2023$3,531 per active participant

Caribou Medical Center Plan'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.

Administrative cost history2
2024$52,873 · 0.40%
2023$65,904 · 0.54%
Similar plansHealth Care & Social Assistance · Idaho
North Canyon Medical Center ID$14.3M · 0.99%
Jannus, Inc. ID$13.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 826004046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.