Plan Ledger DOL Form 5500 · updated monthly

Gillette Children's Specialty Healthcare403(b)

GILLETTE CHILDREN'S SPECIALTY HEALTHCARE MATCHED SAVINGS RETIREMENT PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Gillette Children's Specialty Healthcare reported $174,502 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,991 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 fell from 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 136th-largest of 1,918 plans among Minnesota employers on file, and the 528th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$273,508,460
Participants with balances2,077
Active participants1,546
Employer contributions$6,170,124
Employee contributions$12,378,251
Employer contribution per active participant$3,991
Average account balance$131,684
Benefits paid to participants$16,483,471
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$273.5M · 2,077 accts · $6.2M emplr
2023$240.1M · 2,037 accts · $5.9M emplr
2022$201.5M · 1,986 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,502
Total administrative$174,502
Employer contributions to the Gillette Children's Specialty Healthcare plan · 2024
Employer contribution per active participant$3,991
Median for plans this size$4,294
2024$3,991 per active participant
2023$3,904 per active participant
2022$3,691 per active participant

Gillette Children's Specialty Healthcare's 2024 employer contribution ran below the $4,294 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$174,442
VOYA RETIREMENT INSURANCE · Contract administrator$60

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$174,502 · 0.07%
2023$168,820 · 0.08%
2022$180,580 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Midwest Radiology, P.A. MN$300.3M · 0.01%
The Polyclinic, PLLC MN$291.5M · 0.02%
Mankato Clinic LTD MN$236.0M · 0.14%
Orthoalliance Mso, LLC MN$233.4M · 0.20%
Gn Hearing Care Corporation MN$199.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363379150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.