Plan Ledger DOL Form 5500 · updated monthly

Great Falls Clinic401(k)

GREAT FALLS CLINIC RETIREMENT PLAN · GREAT FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Great Falls Clinic reported $118,014 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,227 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. 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 31st-largest of 229 plans among Montana employers on file, and the 2,204th of 11,911 in health care & social assistance. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 738 to 831 since 2022.

Plan summary
Net assets, end of year$40,946,163
Participants with balances882
Active participants831
Employer contributions$1,019,836
Employee contributions$3,093,847
Employer contribution per active participant$1,227
Average account balance$46,424
Benefits paid to participants$4,334,015
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$40.9M · 882 accts · $1.0M emplr
2023$36.7M · 839 accts · $878K emplr
2022$31.8M · 776 accts · $783K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,547
Investment management$90,467
Total administrative$118,014
The Great Falls Clinic 401(k) match · 2024
Employer contribution per active participant$1,227
Median for plans this size$2,416
2024$1,227 per active participant
2023$1,355 per active participant
2022$1,061 per active participant

Great Falls Clinic'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$117,690
CHARLES SCHWAB & CO., INC. · Securities brokerage$455

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history4
2025Not separately reported
2024$118,014 · 0.30%
2023$103,996 · 0.30%
2022$107,283 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Montana
St. Peters Health MT$130.1M · 0.22%
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 810141660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.