Plan Ledger DOL Form 5500 · updated monthly

Prairie Ridge Integrated Behavioral Healthcare401(k)

PRAIRIE RIDGE INTEGRATED BEHAVIORAL HEALTHCARE 401(K) PROFIT SHARING PLAN · MASON CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Prairie Ridge Integrated Behavioral Healthcare reported $40,212 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $3,418 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 0.56% to 0.53%. 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 Iowa (613th of 878), and 6,319th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 122 to 138 since 2022.

Plan summary
Net assets, end of year$8,316,006
Participants with balances177
Active participants138
Employer contributions$471,646
Employee contributions$570,321
Employer contribution per active participant$3,418
Average account balance$46,983
Benefits paid to participants$603,375
Plan auditUnmodified (clean) audit opinion
AuditorHOGAN-HANSEN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 177 accts · $472K emplr
2023$6.9M · 155 accts · $505K emplr
2022$5.8M · 164 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,212
Total administrative$40,212
The Prairie Ridge Integrated Behavioral Healthcare 401(k) match · 2024
Employer contribution per active participant$3,418
Median for plans this size$1,313
2024$3,418 per active participant
2023$4,281 per active participant
2022$4,145 per active participant

Prairie Ridge Integrated Behavioral Healthcare'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 · 20241
L.M. KOHN & COMPANY · Investment advisory (plan)$21,470

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$40,212 · 0.53%
2023$34,588 · 0.54%
2022$30,827 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Iowa Home Care, LLC IA$8.0M · 0.40%
Blue Stone Therapy, Inc. IA$7.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420947309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.