Plan Ledger DOL Form 5500 · updated monthly

Huron Regional Medical Center, Inc.401(k)

HURON REGIONAL MEDICAL CENTER, INC. EMPLOYEE RETIREMENT PLAN · HURON, SD · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Huron Regional Medical Center, Inc. reported $77,623 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,296 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 0.30%. 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 71st-largest of 233 plans among South Dakota employers on file, and the 3,012th of 11,911 in health care & social assistance. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has grown from 285 to 338 since 2022.

Plan summary
Net assets, end of year$26,808,579
Participants with balances430
Active participants338
Employer contributions$438,141
Employee contributions$1,420,938
Employer contribution per active participant$1,296
Average account balance$62,346
Benefits paid to participants$3,901,146
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 430 accts · $438K emplr
2023$25.7M · 418 accts · $488K emplr
2022$22.7M · 391 accts · $512K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,151
Total administrative$77,623
The Huron Regional Medical Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,296
Median for plans this size$2,416
2024$1,296 per active participant
2023$1,415 per active participant
2022$1,798 per active participant

Huron Regional Medical Center, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$26,151
SIKICH CAPITAL MANAGEMENT LLC · Consulting$25,000

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

Recordkeeper by year2
2024T. Rowe Price
2023AMERICAN TRUST COMPANY, T. Rowe Price

This plan has changed recordkeepers within these filings. If you left Huron Regional Medical Center, Inc. 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).

Administrative cost history3
2024$77,623 · 0.30%
2023$89,798 · 0.37%
2022$77,207 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Mobridge Regional Hospital SD$24.1M · 0.01%
Big Stone Therapies, Inc. SD$23.0M · 0.45%
Vision Care Associates LLP SD$21.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460345312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.