Plan Ledger DOL Form 5500 · updated monthly

Parkview Medical Center, Inc.401(k)

PARKVIEW MEDICAL CENTER, INC. SAVINGS PLAN · PUEBLO, CO · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Parkview Medical Center, Inc. reported $307,931 in plan administrative expenses for 2023: 0.12% of average plan assets, above the peer median. Employer contributions averaged $1,230 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 has held roughly steady near 0.116%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 66th-largest of 1,461 plans among Colorado employers on file, and the 523rd of 11,911 in health care & social assistance. In 2023, employees put in $5.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$276,319,716
Participants with balances3,492
Active participants2,662
Employer contributions$3,273,219
Employee contributions$16,800,629
Employer contribution per active participant$1,230
Average account balance$79,129
Benefits paid to participants$37,672,694
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $778K emplr
2023$276.3M · 3,492 accts · $3.3M emplr
2022$252.5M · 3,594 accts · $7.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$307,931
Total administrative$307,931
The Parkview Medical Center, Inc. 401(k) match · 2023
Employer contribution per active participant$1,230
Median for plans this size$4,362
2023$1,230 per active participant
2022$2,661 per active participant

Parkview Medical Center, Inc.'s 2023 employer contribution ran below the $4,362 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$307,931
SWBC RETIREMENT PLAN SERVICES · Other servicesindirect comp
STOCKMAN KAST RYAN & CO., LLP · Accounting / auditindirect 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
2024Not separately reported
2023$307,931 · 0.12%
2022$339,045 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Carepoint Health, LLC CO$372.1M · 0.13%
National Jewish Health CO$355.9M · 0.04%
Boulder Community Health CO$244.1M · 0.18%
Vail Health Hospital CO$189.8M · 0.09%
Craig Hospital CO$161.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840935136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.