Plan Ledger DOL Form 5500 · updated monthly

Frances Mahon Deaconess Hospital401(k)

FMDH 401(K) RETIREMENT PLAN & TRUST · GLASGOW, MT · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Frances Mahon Deaconess Hospital reported $20,295 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,044 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 0.05% to 0.07%. 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 39th-largest of 229 plans among Montana employers on file, and the 2,599th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 251 to 280 since 2022.

Plan summary
Net assets, end of year$32,557,215
Participants with balances309
Active participants280
Employer contributions$852,326
Employee contributions$1,410,410
Employer contribution per active participant$3,044
Average account balance$105,363
Benefits paid to participants$4,416,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 309 accts · $852K emplr
2023$29.1M · 294 accts · $572K emplr
2022$23.5M · 263 accts · $569K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,295
Total administrative$20,295
The Frances Mahon Deaconess Hospital 401(k) match · 2024
Employer contribution per active participant$3,044
Median for plans this size$2,416
2024$3,044 per active participant
2023$2,078 per active participant
2022$2,267 per active participant

Frances Mahon Deaconess Hospital'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.

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
BIG SKY RETIREMENT · Contract administrator$15,975

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$20,295 · 0.07%
2023$18,735 · 0.07%
2022$12,620 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Great Falls Clinic MT$40.9M · 0.30%
Livingston Healthcare MT$32.5M · 0.35%
Sidney Health Center MT$32.1M · 0.35%
Missoula Bone & Joint, LLC MT$31.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810231786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.