Plan Ledger DOL Form 5500 · updated monthly

Gundersen Boscobel Area Hospital and Clinics401(k)

GUNDERSEN BOSCOBEL AREA HOSPITAL AND CLINICS RETIREMENT PLAN · BOSCOBEL, WI · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Gundersen Boscobel Area Hospital and Clinics reported $57,123 in plan administrative expenses for 2023: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,042 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 1 year on file its reported administrative ratio fell from 0.54% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,186th of 1,936), and the 5,164th of 11,911 in health care & social assistance. In 2023, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,954,146
Participants with balances204
Active participants167
Employer contributions$341,097
Employee contributions$805,277
Employer contribution per active participant$2,042
Average account balance$58,599
Benefits paid to participants$585,596
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$12.0M · 204 accts · $341K emplr
2022$10.2M · 199 accts · $288K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,687
Investment management$21,436
Total administrative$57,123
The Gundersen Boscobel Area Hospital and Clinics 401(k) match · 2023
Employer contribution per active participant$2,042
Median for plans this size$2,440
2023$2,042 per active participant
2022$1,810 per active participant

Gundersen Boscobel Area Hospital and Clinics's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$35,687
GLOBAL RETIREMENT PARTNERS · Consulting$21,436

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

Administrative cost history2
2023$57,123 · 0.52%
2022$56,588 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Social Current WI$12.7M · 0.38%
Curative Care Network, Inc. WI$12.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390845590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.