Plan Ledger DOL Form 5500 · updated monthly

Marcus Daly Memorial Hospital Corporation401(k)

BITTERROOT HEALTH 401(K) PLAN · HAMILTON, MT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Marcus Daly Memorial Hospital Corporation reported $21,162 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,863 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 fell from 0.08% to 0.04%. 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 21st-largest of 229 plans among Montana employers on file, and the 1,694th of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 707 to 846 since 2022.

Plan summary
Net assets, end of year$56,751,015
Participants with balances914
Active participants846
Employer contributions$2,422,234
Employee contributions$4,838,088
Employer contribution per active participant$2,863
Average account balance$62,091
Benefits paid to participants$2,494,845
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.8M · 914 accts · $2.4M emplr
2023$45.2M · 837 accts · $2.2M emplr
2022$35.0M · 600 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,162
Total administrative$21,162
The Marcus Daly Memorial Hospital Corporation 401(k) match · 2024
Employer contribution per active participant$2,863
Median for plans this size$3,635
2024$2,863 per active participant
2023$2,710 per active participant
2022$2,888 per active participant

Marcus Daly Memorial Hospital Corporation'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$21,162

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$21,162 · 0.04%
2023$16,227 · 0.04%
2022$29,891 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Billings Clinic MT$594.8M
Logan Health MT$500.4M · 0.14%
St. Peters Health MT$130.1M · 0.22%
Great Falls Clinic MT$40.9M · 0.30%
Livingston Healthcare MT$32.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810240726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.