Plan Ledger DOL Form 5500 · updated monthly

Grant Regional Health Center403(b)

GRANT REGIONAL HEALTH CENTER RETIREMENT PLAN · LANCASTER, WI · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Grant Regional Health Center reported $106,641 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,771 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 0.01% to 0.38%. 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 646th-largest of 1,936 plans among Wisconsin employers on file, and the 2,812th of 11,911 in health care & social assistance. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,586,817
Participants with balances269
Active participants325
Employer contributions$900,698
Employee contributions$1,477,223
Employer contribution per active participant$2,771
Average account balance$109,988
Benefits paid to participants$1,738,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 269 accts · $901K emplr
2023$26.1M · 248 accts · $874K emplr
2022$24.2M · 246 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,613
Investment management$45,028
Total administrative$106,641
The Grant Regional Health Center 401(k) match · 2024
Employer contribution per active participant$2,771
Median for plans this size$2,416
2024$2,771 per active participant
2023$2,782 per active participant
2022$2,531 per active participant

Grant Regional Health Center'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,613
CONCOURSE FINANCIAL GROUP SECURITIE · Investment advisory (plan) · Other services$45,028

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$106,641 · 0.38%
2023$6,406 · 0.03%
2022$1,765 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Rennes Group, Inc. WI$31.3M · 0.32%
Krohn Clinic, LTD. WI$30.9M · 0.37%
Lakeland Care, Inc. WI$29.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391834962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.