Plan Ledger DOL Form 5500 · updated monthly

Midtown Community Health Center, Inc.403(b)

MIDTOWN COMMUNITY HEALTH CENTER 403(B) PLAN · OGDEN, UT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Midtown Community Health Center, Inc. reported $18,934 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,024 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 rose from 0.08% to 0.15%. 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 the 378th-largest of 848 plans among Utah employers on file, and the 4,644th of 11,911 in health care & social assistance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,173,349
Participants with balances116
Active participants184
Employer contributions$556,353
Employee contributions$571,089
Employer contribution per active participant$3,024
Average account balance$122,184
Benefits paid to participants$350,712
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 116 accts · $556K emplr
2023$11.8M · 119 accts · $511K emplr
2022$12.1M · 131 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,934
Total administrative$18,934
Employer contributions to the Midtown Community Health Center, Inc. plan · 2024
Employer contribution per active participant$3,024
Median for plans this size$2,416
2024$3,024 per active participant
2023$2,873 per active participant
2022$2,750 per active participant

Midtown Community Health Center, 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.

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.

Administrative cost history3
2024$18,934 · 0.15%
2023$7,724 · 0.06%
2022$10,703 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Premier Family Medical, LLC UT$18.2M · 0.26%
Donorconnect UT$15.0M · 0.48%
Gold Cross Services Inc. UT$15.0M · 0.49%
Brighton G&B Holdings Inc. UT$13.7M · 0.80%
Utah Youth Village, Inc. UT$13.6M · 0.59%
Community Nursing Services UT$13.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870540039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.