McKenzie County Healthcare Systems, Inc.403(b)
MCKENZIE COUNTY HEALTHCARE SYSTEMS, INC. 403(B) PLAN · WATFORD CITY, ND · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
McKenzie County Healthcare Systems, Inc. reported $65,672 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,954 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 4 years on file its reported administrative ratio rose from 0.38% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Dakota (161st of 279), and the 5,122nd of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 201 to 367 since 2020.
McKenzie County Healthcare Systems, Inc.'s 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 770637498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.