Plan Ledger DOL Form 5500 · updated monthly

Gundersen Lutheran Administrative Services, Inc.401(k)

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN · LA CROSSE, WI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Gundersen Lutheran Administrative Services, Inc. reported $2,514,592 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,913 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 0.11% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 9th-largest of 1,936 plans among Wisconsin employers on file, and the 53rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.73 for every $1.00 employees contributed themselves; active participation has grown from 7,313 to 9,660 since 2022.

Plan summary
Net assets, end of year$2,871,898,387
Participants with balances11,187
Active participants9,660
Employer contributions$95,763,828
Employee contributions$55,437,101
Employer contribution per active participant$9,913
Average account balance$256,717
Benefits paid to participants$238,891,580
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 11,187 accts · $95.8M emplr
2023$2.5B · 9,846 accts · $84.2M emplr
2022$2.2B · 9,132 accts · $51.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$537,905
Investment management$1,884,159
Audit (IQPA)$16,000
Total administrative$2,514,592
The Gundersen Lutheran Administrative Services, Inc. 401(k) match · 2024
Employer contribution per active participant$9,913
Median for plans this size$5,259
2024$9,913 per active participant
2023$10,075 per active participant
2022$7,061 per active participant

Gundersen Lutheran Administrative Services, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20248
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$537,905
SIT INV ASSOC. · Investment management$731,226
DODGE & COX · Investment management$698,944
SYSTEMATIC FINANCIAL MANAGEMENT · Investment management$410,239
WILLIS TOWERS WATSON MIDWEST, INC. · Insurance services$76,528
MARQUETTE ASSOCIATES · Investment advisory (plan)$43,750
HAWKINS ASH CPAS, LLP · Accounting / audit$16,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$2,514,592 · 0.09%
2023$2,192,275 · 0.09%
2022$2,548,571 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Advocate Aurora Health, Inc WI$10.5B · 0.07%
The Methodist Hospital TX$3.0B · 0.06%
Barnabas Health Inc. NJ$3.0B · 0.07%
William Beaumont Hospital MI$3.0B · 0.11%
Geisinger System Services PA$3.0B · 0.04%
Piedmont Healthcare, Inc. GA$2.9B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391606449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.