Plan Ledger DOL Form 5500 · updated monthly

Peoples Community Health Clinic, Inc.401(k)

PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING PLAN · WATERLOO, IA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Peoples Community Health Clinic, Inc. reported $61,102 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,506 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 0.34%. 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 424th-largest of 878 plans among Iowa employers on file, and the 3,907th of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,385,856
Participants with balances185
Active participants152
Employer contributions$532,860
Employee contributions$602,094
Employer contribution per active participant$3,506
Average account balance$99,383
Benefits paid to participants$3,536,202
Plan auditUnmodified (clean) audit opinion
AuditorHOGAN - HANSEN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 185 accts · $533K emplr
2023$18.0M · 196 accts · $537K emplr
2022$15.6M · 206 accts · $484K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,575
Trustee / custodial$41,527
Total administrative$61,102
The Peoples Community Health Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$3,506
Median for plans this size$2,416
2024$3,506 per active participant
2023$3,651 per active participant
2022$3,246 per active participant

Peoples Community Health Clinic, 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 · 20242
REGIONS BANK DBA REGIONS TRUST · Trustee (directed)$41,527

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$61,102 · 0.34%
2023$56,048 · 0.33%
2022$57,321 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Empowering Abilities IA$18.8M · 0.03%
21ST Century Rehab, PC IA$18.8M · 0.49%
Primary Health Care, Inc. IA$18.7M · 0.80%
Exceptional Persons, Inc. IA$17.1M · 0.39%
Unity Healthcare IA$17.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421058629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.