Plan Ledger DOL Form 5500 · updated monthly

Northwest Colorado Visting Nurse Association403(b)

NORTHWEST COLORADO HEALTH RETIREMENT PLAN · STEAMBOAT SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Northwest Colorado Visting Nurse Association reported $58,106 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,158 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 0.74% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (894th of 1,461), and 6,575th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,704,464
Participants with balances264
Active participants167
Employer contributions$193,355
Employee contributions$429,619
Employer contribution per active participant$1,158
Average account balance$29,184
Benefits paid to participants$450,638
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 264 accts · $193K emplr
2023$6.7M · 241 accts · $165K emplr
2022$5.7M · 261 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,106
Total administrative$58,106
The Northwest Colorado Visting Nurse Association 401(k) match · 2024
Employer contribution per active participant$1,158
Median for plans this size$1,313
2024$1,158 per active participant
2023$1,018 per active participant
2022$1,050 per active participant

Northwest Colorado Visting Nurse Association's 2024 employer contribution ran below the $1,313 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 · 20244
ACESNSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$1,650
MORGAN STANLEY INSURANCE SERVICES Iindirect comp
ASCENSUS INCindirect comp

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$58,106 · 0.81%
2023$48,607 · 0.78%
2022$46,021 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Intervention Inc. CO$8.4M · 0.39%
Urology Associates, P.C. CO$8.3M · 0.87%
Inreach Healthcare, LLC CO$7.7M · 1.30%
Food Bank of the Rockies CO$7.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840564998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.