Plan Ledger DOL Form 5500 · updated monthly

Health Ministries Clinic, Inc.401(k)

HEALTH MINISTRIES CLINIC 401(K) PLAN · NEWTON, KS · plan year 2025

Reported admin expense ratio · 2025
0.36%

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

Health Ministries Clinic, Inc. reported $28,769 in plan administrative expenses for 2025: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,538 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 4 years on file its reported administrative ratio has held roughly steady near 0.360%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (516th of 828), and 6,034th of 11,911 in health care & social assistance. In 2025, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 207 to 269 since 2022.

Plan summary
Net assets, end of year$9,080,659
Participants with balances190
Active participants269
Employer contributions$413,761
Employee contributions$889,975
Employer contribution per active participant$1,538
Average account balance$47,793
Benefits paid to participants$815,169
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN TUCKER
Plan history4
Yearassets · accounts · employer contribution
2025$9.1M · 190 accts · $414K emplr
2024$6.9M · 178 accts · $400K emplr
2023$5.4M · 168 accts · $291K emplr
2022$3.6M · 141 accts · $275K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,677
Investment management$26,092
Total administrative$28,769
The Health Ministries Clinic, Inc. 401(k) match · 2025
Employer contribution per active participant$1,538
Median for plans this size$1,464
2025$1,538 per active participant
2024$1,702 per active participant
2023$1,310 per active participant
2022$1,328 per active participant

Health Ministries Clinic, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
EVERENCE TRUST COMPANY · Investment advisory (plan)$26,092
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$2,677

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

Administrative cost history4
2025$28,769 · 0.36%
2024$25,358 · 0.41%
2023$20,173 · 0.45%
2022$12,827 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Central Care, P.A. KS$9.8M · 0.20%
Dccca, Inc. KS$9.1M · 0.09%
Apostolic Christian Home KS$8.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481091875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.