Plan Ledger DOL Form 5500 · updated monthly

Cobre Valley Regional Medical Center401(k)

COBRE VALLEY REGIONAL MEDICAL CENTER 401(K) PROFIT SHARING PLAN · GLOBE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Cobre Valley Regional Medical Center reported $60,333 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,096 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 0.36% to 0.31%. 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 362nd-largest of 1,285 plans among Arizona employers on file, and the 3,599th of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,693,436
Participants with balances584
Active participants388
Employer contributions$813,134
Employee contributions$1,691,139
Employer contribution per active participant$2,096
Average account balance$35,434
Benefits paid to participants$1,759,421
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 584 accts · $813K emplr
2023$18.0M · 578 accts · $735K emplr
2022$15.2M · 578 accts · $754K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,333
Total administrative$60,333
The Cobre Valley Regional Medical Center 401(k) match · 2024
Employer contribution per active participant$2,096
Median for plans this size$2,416
2024$2,096 per active participant
2023$1,898 per active participant
2022$1,949 per active participant

Cobre Valley Regional 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.

Administrative cost history3
2024$60,333 · 0.31%
2023$59,228 · 0.36%
2022$56,763 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
La Frontera Center, Inc. AZ$21.0M · 0.78%
Cadence Education LLC AZ$20.9M · 0.50%
Accumen Inc. AZ$20.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860732836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.