Community Memorial Hospital AssociationMoney purchase plan
COMMUNITY MEMORIAL HOSPITAL ASSOCIATION MONEY PURCHASE PLAN · CLOQUET, MN · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Community Memorial Hospital Association reported $55,541 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,972 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 3 years on file its reported administrative ratio has held roughly steady near 0.254%. 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 841st-largest of 1,918 plans among Minnesota employers on file, and the 3,425th of 11,911 in health care & social assistance.
Community Memorial Hospital Association'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410743546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.