Plan Ledger DOL Form 5500 · updated monthly

Dubuque Internal Medicine PC dba Grand River Medical Group401(k)

GRAND RIVER MEDICAL GROUP RETIREMENT PLAN · DUBUQUE, IA · plan year 2023

Reported admin expense ratio · 2023
0.12%

Dubuque Internal Medicine PC dba Grand River Medical Group reported $104,379 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. 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 0.11% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 98th-largest of 878 plans among Iowa employers on file, and the 1,136th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$95,954,457
Participants with balances536
Active participants422
Employer contributions—
Employee contributions$2,695,499
Employer contribution per active participant—
Average account balance$179,020
Benefits paid to participants$3,694,974
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$91.3M · 472 accts
2023$96.0M · 536 accts
2022$82.8M · 489 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,910
Audit (IQPA)$13,300
Total administrative$104,379
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
T ROWE PRICE RPS INC · Recordkeeping · Trustee$5,223
RETIRERIGHT LLC · Consulting$75,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$16,257
OLSEN THIELEN & CO., LTD · Accounting / audit$13,300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$212,271 · 0.23%
2023$104,379 · 0.12%
2022$101,038 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Mason City Clinic, P.C. IA$180.0M · 0.08%
Pella Regional Health Center IA$101.5M · 0.15%
Wolfe Clinic, P.C. IA$94.0M · 0.09%
Mercy Care Management, Inc. IA$78.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420848123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.