Hillcrest Family Services401(k)
HILLCREST FAMILY SERVICES UNION AND NON-UNION 401(K) PLAN · DUBUQUE, IA · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Hillcrest Family Services reported $81,686 in plan administrative expenses for 2023: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,340 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 rose from 0.64% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (589th of 878), and the 5,831st of 11,911 in health care & social assistance. In 2023, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has shrunk from 261 to 203 since 2022.
Hillcrest Family Services's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Hillcrest Family Services before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 420680411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.