Plan Ledger DOL Form 5500 · updated monthly

Range Mental Health Center, Inc.401(k)

RANGE MENTAL HEALTH CENTER, INC. RETIREMENT SAVINGS PLAN · VIRGINIA, MN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Range Mental Health Center, Inc. reported $6,344 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,469 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 0.06% to 0.08%. 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 Minnesota (1,421st of 1,918), and 6,503rd of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,891,140
Participants with balances187
Active participants138
Employer contributions$340,703
Employee contributions$395,797
Employer contribution per active participant$2,469
Average account balance$42,199
Benefits paid to participants$1,174,818
Plan auditUnmodified (clean) audit opinion
AuditorREDPATH & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 187 accts · $341K emplr
2023$7.4M · 198 accts · $311K emplr
2022$6.7M · 183 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,344
Total administrative$6,344
The Range Mental Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,469
Median for plans this size$1,313
2024$2,469 per active participant
2023$2,285 per active participant
2022$2,037 per active participant

Range Mental Health Center, Inc.'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.

Administrative cost history3
2024$6,344 · 0.08%
2023$4,512 · 0.06%
2022$4,967 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Alluma, Inc. MN$8.2M · 0.55%
Jones-Harrison Residence MN$8.0M · 0.07%
Excel Mso, LLC MN$7.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410849301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.