Plan Ledger DOL Form 5500 · updated monthly

Community Nursing Services403(b)

THE COMMUNITY NURSING SERVICES 403(B) PLAN · WEST VALLEY CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Community Nursing Services reported $68,580 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,288 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 rose from 0.14% to 0.55%. 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 393rd-largest of 848 plans among Utah employers on file, and the 4,814th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 947 to 554 since 2022.

Plan summary
Net assets, end of year$13,449,557
Participants with balances368
Active participants554
Employer contributions$713,311
Employee contributions$1,294,766
Employer contribution per active participant$1,288
Average account balance$36,548
Benefits paid to participants$1,280,260
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 368 accts · $713K emplr
2023$11.4M · 390 accts
2022$9.9M · 425 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,580
Total administrative$68,580
Employer contributions to the Community Nursing Services plan · 2024
Employer contribution per active participant$1,288
Median for plans this size$2,416
2024$1,288 per active participant
2022$691 per active participant

Community Nursing Services's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$68,579
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$68,580 · 0.55%
2023$57,081 · 0.54%
2022$15,122 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Gold Cross Services Inc. UT$15.0M · 0.49%
Brighton G&B Holdings Inc. UT$13.7M · 0.80%
Utah Youth Village, Inc. UT$13.6M · 0.59%
Mt. Ogden Eye Center, LLC UT$11.5M · 0.35%
Chrysalis Utah, Inc. UT$10.7M · 0.56%
Novarad Corporation UT$10.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870212459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.