Plan Ledger DOL Form 5500 · updated monthly

Central Montana Medical Center401(k)

CENTRAL MONTANA MEDICAL CENTER 401(K) PLAN · LEWISTOWN, MT · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Central Montana Medical Center reported $37,963 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,705 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 0.24% to 0.18%. 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 64th-largest of 229 plans among Montana employers on file, and the 3,328th of 11,911 in health care & social assistance. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 251 to 331 since 2022.

Plan summary
Net assets, end of year$23,202,977
Participants with balances258
Active participants331
Employer contributions$564,199
Employee contributions$1,427,795
Employer contribution per active participant$1,705
Average account balance$89,934
Benefits paid to participants$1,553,316
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 258 accts · $564K emplr
2023$19.9M · 211 accts · $509K emplr
2022$18.4M · 216 accts · $471K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,942
Investment management$12,021
Total administrative$37,963
The Central Montana Medical Center 401(k) match · 2024
Employer contribution per active participant$1,705
Median for plans this size$2,416
2024$1,705 per active participant
2023$2,051 per active participant
2022$1,875 per active participant

Central Montana 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,942
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,628

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$37,963 · 0.18%
2023$40,866 · 0.21%
2022$48,208 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Northern Montana Hospital MT$18.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237169043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.