Plan Ledger DOL Form 5500 · updated monthly

Healthpartners Services, Inc.401(k)

HEALTHPARTNERS SERVICES, INC. RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Healthpartners Services, Inc. reported $14,674 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,092 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 0.062% to 0.056%. 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 720th-largest of 1,918 plans among Minnesota employers on file, and the 2,899th of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 233 to 280 since 2022.

Plan summary
Net assets, end of year$28,378,204
Participants with balances292
Active participants280
Employer contributions$1,145,640
Employee contributions$1,149,386
Employer contribution per active participant$4,092
Average account balance$97,186
Benefits paid to participants$1,095,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 292 accts · $1.1M emplr
2023$23.6M · 281 accts · $940K emplr
2022$20.3M · 265 accts · $822K emplr
The Healthpartners Services, Inc. 401(k) match · 2024
Employer contribution per active participant$4,092
Median for plans this size$2,416
2024$4,092 per active participant
2023$3,658 per active participant
2022$3,530 per active participant

Healthpartners Services, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INST. OPS · Loan processing$14,674

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

Administrative cost history3
2024$14,674 · 0.06%
2023$14,045 · 0.06%
2022$13,396 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Saint Therese MN$29.5M · 0.54%
Mille Lacs Health System MN$29.1M · 0.42%
Lifespark Group, LLC MN$27.7M · 0.84%
Welia Health MN$26.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411683568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.