Plan Ledger DOL Form 5500 · updated monthly

Pr Health Corporation401(k)

FIRST CARE HEALTH CENTER 401(K) PROFIT SHARING PLAN · PARK RIVER, ND · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Pr Health Corporation reported $78,361 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,608 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 1.48% to 1.15%. 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 (206th of 279), and 6,713th of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,341,952
Participants with balances203
Active participants140
Employer contributions$365,171
Employee contributions$469,502
Employer contribution per active participant$2,608
Average account balance$36,167
Benefits paid to participants$487,554
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 203 accts · $365K emplr
2023$6.3M · 195 accts · $334K emplr
2022$5.3M · 196 accts · $333K emplr
The Pr Health Corporation 401(k) match · 2024
Employer contribution per active participant$2,608
Median for plans this size$1,313
2024$2,608 per active participant
2023$2,590 per active participant
2022$2,482 per active participant

Pr Health Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$39,975
SUPERIORUSA CORPORATION · Recordkeeping · Loan processing$2,176
RAYMOND JAMES FINANCIAL SERVICES IN · Investment advisory (plan)$35,676

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

Recordkeeper by year2
2024SUPERIORUSA CORPORATION, Transamerica
2023SUPERIORUSA CORPORATION, Transamerica

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

Administrative cost history3
2024$78,361 · 1.15%
2023$65,985 · 1.13%
2022$81,690 · 1.48%
Similar plansHealth Care & Social Assistance · North Dakota
Fraser, LTD ND$8.0M · 0.44%
Family Healthcare Center ND$7.9M · 0.41%
Lutheran Sunset Home ND$6.9M · 0.33%
Heartview Foundation ND$6.6M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450232743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.