Plan Ledger DOL Form 5500 · updated monthly

Logan Health401(k)

LOGAN HEALTH RETIREMENT SAVINGS PLAN · KALISPELL, MT · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Logan Health reported $672,788 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,277 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 0.144%. 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 5th-largest of 229 plans among Montana employers on file, and the 326th of 11,911 in health care & social assistance. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$500,352,847
Participants with balances5,659
Active participants4,345
Employer contributions$18,584,556
Employee contributions$27,268,076
Employer contribution per active participant$4,277
Average account balance$88,417
Benefits paid to participants$43,701,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$500.4M · 5,659 accts · $18.6M emplr
2023$436.6M · 5,613 accts · $16.9M emplr
2022$358.7M · 5,383 accts · $14.9M emplr
The Logan Health 401(k) match · 2024
Employer contribution per active participant$4,277
Median for plans this size$4,294
2024$4,277 per active participant
2023$3,953 per active participant
2022$3,511 per active participant

Logan Health'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$337,225
VANGUARD ADVISERS INC. · Investment advisory (participants)$206,641
PARALLEL ADVISORS LLC$140,172

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$672,788 · 0.14%
2023$613,935 · 0.15%
2022$536,178 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Billings Clinic MT$594.8M
Caromont Health, Inc. NC$510.8M · 0.01%
New York Blood Center NY$505.2M · 0.11%
Stamford Health, Inc. CT$504.5M · 0.08%
Premise Health Holding Corp. TN$497.7M · 0.11%
Elliot Health System NH$493.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810406485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.