Plan Ledger DOL Form 5500 · updated monthly

Moab Valley Healthcare, Inc.403(b)

MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN · MOAB, UT · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Moab Valley Healthcare, Inc. reported $106,485 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,588 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 0.462%. 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 252nd-largest of 848 plans among Utah employers on file, and the 3,167th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,878,517
Participants with balances405
Active participants311
Employer contributions$804,924
Employee contributions$1,652,845
Employer contribution per active participant$2,588
Average account balance$61,428
Benefits paid to participants$1,491,002
Plan auditUnmodified (clean) audit opinion
AuditorDZA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 405 accts · $805K emplr
2023$21.2M · 396 accts · $709K emplr
2022$16.2M · 394 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,343
Investment management$54,851
Trustee / custodial$9,291
Total administrative$106,485
Employer contributions to the Moab Valley Healthcare, Inc. plan · 2024
Employer contribution per active participant$2,588
Median for plans this size$2,416
2024$2,588 per active participant
2023$2,370 per active participant
2022$2,157 per active participant

Moab Valley Healthcare, 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.

Service providers · 20243
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$42,342
SOLTIS INVESTMENT ADVISORS, INC. · Investment advisory (plan)$54,851
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$9,291

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$106,485 · 0.46%
2023$87,905 · 0.47%
2022$79,426 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Eduro Healthcare, LLC UT$27.9M · 1.39%
Alpine Pediatrics, P.C. UT$26.2M · 0.19%
Independence Rehab, LLC UT$22.7M · 1.32%
Nomi Health Inc. UT$22.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870543342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.