Plan Ledger DOL Form 5500 · updated monthly

Health Dimensions Consulting, Inc.401(k)

HEALTH DIMENSIONS CONSULTING, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Health Dimensions Consulting, Inc. reported $9,930 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,590 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 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,435th of 1,918), and 6,726th of 11,911 in health care & social assistance. In 2022, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,323,300
Participants with balances110
Active participants105
Employer contributions$271,950
Employee contributions$635,741
Employer contribution per active participant$2,590
Average account balance$66,575
Benefits paid to participants$774,651
Plan auditUnmodified (clean) audit opinion
AuditorBETTS & HAYES, LTD.
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $61K emplr
2024$7.0M · 132 accts · $343K emplr
2023$6.0M · 114 accts · $331K emplr
2022$7.3M · 110 accts · $272K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,930
Total administrative$9,930
The Health Dimensions Consulting, Inc. 401(k) match · 2022
Employer contribution per active participant$2,590
Median for plans this size$1,114
2024$2,961 per active participant
2023$3,410 per active participant
2022$2,590 per active participant

Health Dimensions Consulting, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025Not separately reported
2024$8,120 · 0.12%
2023$7,625 · 0.11%
2022$9,930 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Alluma, Inc. MN$8.2M · 0.55%
Jones-Harrison Residence MN$8.0M · 0.07%
Excel Mso, LLC MN$7.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411974531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.