Plan Ledger DOL Form 5500 · updated monthly

Infinite Health Collaborative, P.A.401(k)

I-HEALTH/REVO HEALTH RETIREMENT PLAN · GOLDEN VALLEY, MN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Infinite Health Collaborative, P.A. reported $430,890 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,638 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 0.07% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 81st-largest of 1,918 plans among Minnesota employers on file, and the 312th of 11,911 in health care & social assistance. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 2,663 to 3,230 since 2022.

Plan summary
Net assets, end of year$531,252,575
Participants with balances4,709
Active participants3,230
Employer contributions$11,750,260
Employee contributions$24,257,993
Employer contribution per active participant$3,638
Average account balance$112,816
Benefits paid to participants$41,456,608
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$531.3M · 4,709 accts · $11.8M emplr
2023$466.9M · 4,210 accts · $15.7M emplr
2022$388.7M · 3,757 accts · $14.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$337,159
Investment management$55,000
Audit (IQPA)$13,650
Total administrative$430,890
The Infinite Health Collaborative, P.A. 401(k) match · 2024
Employer contribution per active participant$3,638
Median for plans this size$4,294
2024$3,638 per active participant
2023$5,264 per active participant
2022$5,556 per active participant

Infinite Health Collaborative, P.A.'s 2024 employer contribution ran below the $4,294 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 · 20245
JOHN HANCOCK RETIREMENT PLAN SRVS · Recordkeeping · Loan processing$337,159
NFP CORPORATE SERVICES (NM), INC. · Investment management$55,000
FREDRIKSON & BYRON, P.A. · Legal$15,201
CLIFTONLARSONALLEN LLP · Accounting / audit$13,650
OCTOBER THREE CONSULTING · Pension consulting$9,880

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$430,890 · 0.09%
2023$380,380 · 0.09%
2022$311,162 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Optum Medical Services, P.C. MN$718.1M · 0.00%
Regions Hospital MN$602.0M · 0.06%
St Luke's Hospital of Duluth MN$422.9M · 0.07%
Beaver Medical Group, P.C. MN$319.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411861374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.