Red Lake Comprehensive Health Services401(k)
RED LAKE COMPREHENSIVE HEALTH SERVICES 401(K) PLAN · RED LAKE, MN · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Red Lake Comprehensive Health Services reported $41,739 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $5,879 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.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,318th of 1,918), and the 5,790th of 11,911 in health care & social assistance. In 2022, the employer put in $2.04 for every $1.00 employees contributed themselves.
Red Lake Comprehensive Health Services's 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410991295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.