Plan Ledger DOL Form 5500 · updated monthly

Pembina County Memorial Hospital Association401(k)

PEMBINA COUNTY HOSPITAL ASSOCIATION SAFE-HARBOR 401(K) PROFIT SHARING PLAN · CAVALIER, ND · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Pembina County Memorial Hospital Association reported $3,567 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,726 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 0.02% to 0.04%. 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 North Dakota (189th of 279), and 5,997th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,165,221
Participants with balances139
Active participants138
Employer contributions$238,180
Employee contributions$441,869
Employer contribution per active participant$1,726
Average account balance$65,937
Benefits paid to participants$1,475,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 139 accts · $238K emplr
2023$8.9M · 136 accts · $199K emplr
2022$7.7M · 130 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,567
Total administrative$3,567
The Pembina County Memorial Hospital Association 401(k) match · 2024
Employer contribution per active participant$1,726
Median for plans this size$1,313
2024$1,726 per active participant
2023$1,409 per active participant
2022$1,537 per active participant

Pembina County Memorial Hospital Association's 2024 employer contribution ran above 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,474
EDWARD D JONES & CO. LP · Investment advisory (participants)$32,022
WILLSHIRE ASSOCIATES INC · Investment advisory (participants)$1,830

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$3,567 · 0.04%
2023$3,163 · 0.04%
2022$1,560 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Unity Medical Center ND$11.7M · 0.30%
Enable, Inc. ND$11.6M · 0.02%
Fraser, LTD ND$8.0M · 0.44%
Family Healthcare Center ND$7.9M · 0.41%
Pr Health Corporation ND$7.3M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 456013474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.