Plan Ledger DOL Form 5500 · updated monthly

Pella Regional Health Center401(k)

PELLA REGIONAL HEALTH CENTER 401(K) PLAN · PELLA, IA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Pella Regional Health Center reported $140,363 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,674 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 fell from 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 91st-largest of 878 plans among Iowa employers on file, and the 1,092nd of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 827 to 944 since 2022.

Plan summary
Net assets, end of year$101,506,988
Participants with balances1,130
Active participants944
Employer contributions$2,524,525
Employee contributions$5,407,919
Employer contribution per active participant$2,674
Average account balance$89,829
Benefits paid to participants$9,035,226
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.5M · 1,130 accts · $2.5M emplr
2023$90.9M · 1,055 accts · $2.2M emplr
2022$79.2M · 999 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,738
Investment management$135,625
Total administrative$140,363
The Pella Regional Health Center 401(k) match · 2024
Employer contribution per active participant$2,674
Median for plans this size$3,635
2024$2,674 per active participant
2023$2,431 per active participant
2022$3,021 per active participant

Pella Regional Health Center's 2024 employer contribution ran below the $3,635 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 · 20242
INTELLICENTS INVEST SOLUTIONS INC · Investment advisory (plan)$135,625
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,738

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$140,363 · 0.15%
2023$140,135 · 0.16%
2022$144,057 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Mason City Clinic, P.C. IA$180.0M · 0.08%
Wolfe Clinic, P.C. IA$94.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420842204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.