Plan Ledger DOL Form 5500 · updated monthly

Eventide403(b)

EVENTIDE 403(B) TAX DEFERRED SAVINGS PLAN · MOORHEAD, MN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Eventide reported $96,231 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $552 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 0.43% to 0.46%. 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 842nd-largest of 1,918 plans among Minnesota employers on file, and the 3,438th of 11,911 in health care & social assistance. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,080,569
Participants with balances463
Active participants1,122
Employer contributions$619,025
Employee contributions$1,575,772
Employer contribution per active participant$552
Average account balance$47,690
Benefits paid to participants$2,438,139
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 463 accts · $619K emplr
2023$19.7M · 481 accts · $615K emplr
2022$18.0M · 486 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,208
Investment management$20,023
Total administrative$96,231
Employer contributions to the Eventide plan · 2024
Employer contribution per active participant$552
Median for plans this size$2,416
2024$552 per active participant
2023$578 per active participant
2022$584 per active participant

Eventide'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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$96,231

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,231 · 0.46%
2023$83,530 · 0.44%
2022$85,128 · 0.43%
Similar plansHealth Care & Social Assistance · Minnesota
South Lake Clinic, P.A. MN$20.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410721640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.