Plan Ledger DOL Form 5500 · updated monthly

Cumberland Healthcare403(b)

CUMBERLAND HEALTHCARE 403(B) PLAN · CUMBERLAND, WI · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cumberland Healthcare reported $64,884 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,469 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 0.37%. 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 905th-largest of 1,936 plans among Wisconsin employers on file, and the 3,870th of 11,911 in health care & social assistance. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,697,365
Participants with balances274
Active participants236
Employer contributions$346,626
Employee contributions$1,023,130
Employer contribution per active participant$1,469
Average account balance$68,239
Benefits paid to participants$1,454,830
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 274 accts · $347K emplr
2023$16.8M · 276 accts · $351K emplr
2022$15.2M · 282 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,884
Total administrative$64,884
Employer contributions to the Cumberland Healthcare plan · 2024
Employer contribution per active participant$1,469
Median for plans this size$2,416
2024$1,469 per active participant
2023$1,487 per active participant
2022$1,353 per active participant

Cumberland Healthcare'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$64,883
AMERICAN PORTFOLIOS ADVISORS, INC · Investment advisory (plan)indirect comp
OSAIC WEALTH INC · 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$64,884 · 0.37%
2023$58,658 · 0.37%
2022$51,285 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Wisconsin Vision, Inc. WI$19.2M · 0.51%
North Shore Healthcare, LLC WI$18.8M · 0.13%
Spooner Health System, Inc. WI$18.0M · 0.42%
First Impressions, S.C. WI$17.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390831153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.