Plan Ledger DOL Form 5500 · updated monthly

Maple Grove Hospital Corporation401(k)

MAPLE GROVE HOSPITAL CORPORATION 401(K) PLAN · ROBBINSDALE, MN · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Maple Grove Hospital Corporation reported $70,679 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $19,220 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 386th-largest of 1,918 plans among Minnesota employers on file, and the 1,463rd of 11,911 in health care & social assistance. In 2022, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,925,637
Participants with balances1
Active participants190
Employer contributions$3,651,824
Employee contributions$5,661,907
Employer contribution per active participant$19,220
Average account balance$68,925,637
Benefits paid to participants$5,889,846
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$68.9M · 1 accts · $3.7M emplr
Administrative expenses, itemized · 2022
Investment management$298
Professional / advisory$300
Total administrative$70,679
The Maple Grove Hospital Corporation 401(k) match · 2022
Employer contribution per active participant$19,220
Median for plans this size$3,449

Maple Grove Hospital Corporation's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$70,679 · 0.10%
Similar plansHealth Care & Social Assistance · Minnesota
Rvo Health, LLC MN$69.2M · 0.11%
Ecumen MN$69.1M · 0.23%
Ebenezer Society MN$64.4M · 0.25%
Physician's Endoscopy, LLC MN$62.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208316475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.