Plan Ledger DOL Form 5500 · updated monthly

Grand Island Clinic, Inc.401(k)

GRAND ISLAND CLINIC, INC. PROFIT SHARING PLAN AND TRUST · GRAND ISLAND, NE · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Grand Island Clinic, Inc. reported $80,176 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $11,078 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 0.19% to 0.18%. 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 132nd-largest of 565 plans among Nebraska employers on file, and the 1,935th of 11,911 in health care & social assistance. In 2024, the employer put in $2.46 for every $1.00 employees contributed themselves; active participation has grown from 117 to 133 since 2022.

Plan summary
Net assets, end of year$47,787,037
Participants with balances159
Active participants133
Employer contributions$1,473,425
Employee contributions$598,880
Employer contribution per active participant$11,078
Average account balance$300,547
Benefits paid to participants$3,185,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.8M · 159 accts · $1.5M emplr
2023$42.4M · 155 accts · $1.4M emplr
2022$37.1M · 147 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,176
Total administrative$80,176
The Grand Island Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$11,078
Median for plans this size$2,416
2024$11,078 per active participant
2023$11,311 per active participant
2022$11,157 per active participant

Grand Island Clinic, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,676

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$80,176 · 0.18%
2023$81,351 · 0.20%
2022$86,965 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Immanuel NE$53.4M · 0.34%
Orthowest, P.C. NE$51.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470176330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.