Plan Ledger DOL Form 5500 · updated monthly

Ivinson Memorial Hospital403(b)

IVINSON MEMORIAL HOSPITAL RETIREMENT PLAN · LARAMIE, WY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ivinson Memorial Hospital reported $206,552 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,629 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 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 5th-largest of 81 plans among Wyoming employers on file, and the 1,653rd of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,443,267
Participants with balances685
Active participants639
Employer contributions$1,679,614
Employee contributions$2,950,235
Employer contribution per active participant$2,629
Average account balance$85,319
Benefits paid to participants$5,292,846
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.4M · 685 accts · $1.7M emplr
2023$53.4M · 553 accts · $1.5M emplr
2022$44.9M · 471 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$206,552
Total administrative$206,552
Employer contributions to the Ivinson Memorial Hospital plan · 2024
Employer contribution per active participant$2,629
Median for plans this size$3,635
2024$2,629 per active participant
2023$2,465 per active participant
2022$2,517 per active participant

Ivinson Memorial Hospital's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$215,154
NFP RETIREMENT INC. · Investment advisory (plan)indirect comp
CREATIVE RETIREMENT PLAN CONSULTING · Contract administrator · Other servicesindirect comp

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$206,552 · 0.37%
2023$175,888 · 0.36%
2022$166,490 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Wyoming
Seneca Family of Agencies CA$58.7M · 0.11%
Veracyte, Inc. CA$58.6M · 0.07%
The McGuire Group NY$58.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300975387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.