Plan Ledger DOL Form 5500 · updated monthly

Prairiestar Health Center, Inc.403(b)

403(B) THRIFT PLAN FOR PRAIRIESTAR HEALTH CENTER, INC. · HUTCHINSON, KS · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Prairiestar Health Center, Inc. reported $24,053 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,145 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 0.47% to 0.41%. 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 Kansas (599th of 828), and 7,102nd of 11,911 in health care & social assistance. In 2024, employees put in $3.47 for every $1.00 the employer contributed; active participation has grown from 134 to 148 since 2022.

Plan summary
Net assets, end of year$6,490,302
Participants with balances181
Active participants148
Employer contributions$169,437
Employee contributions$587,368
Employer contribution per active participant$1,145
Average account balance$35,858
Benefits paid to participants$605,804
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 181 accts · $169K emplr
2023$5.1M · 151 accts · $176K emplr
2022$4.0M · 149 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$965
Investment management$23,088
Total administrative$24,053
Employer contributions to the Prairiestar Health Center, Inc. plan · 2024
Employer contribution per active participant$1,145
Median for plans this size$1,313
2024$1,145 per active participant
2023$1,375 per active participant
2022$1,199 per active participant

Prairiestar Health Center, Inc.'s 2024 employer contribution ran below 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 · 20242
GALLAGHER FIDUCIARY ADVISORS · Investment advisory (plan)$23,088
LINCOLN FINANCIAL GROUP · Contract administrator$965

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$24,053 · 0.41%
2023$22,245 · 0.49%
2022$16,415 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Emberhope, Inc. KS$6.8M · 0.63%
Aria Care Management, LLC KS$6.2M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481154210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.