Plan Ledger DOL Form 5500 · updated monthly

Red River Human Services FoundationProfit-sharing plan

RED RIVER HUMAN SERVICES FOUNDATION PROFIT SHARING PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Red River Human Services Foundation reported $4,979 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,758 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 0.043% to 0.037%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Dakota (144th of 279), and the 4,663rd of 11,911 in health care & social assistance. active participation has shrunk from 257 to 139 since 2022.

Plan summary
Net assets, end of year$14,118,591
Participants with balances192
Active participants139
Employer contributions$800,320
Employee contributions—
Employer contribution per active participant$5,758
Average account balance$73,534
Benefits paid to participants$896,311
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 192 accts · $800K emplr
2023$13.0M · 197 accts · $800K emplr
2022$11.9M · 193 accts · $800K emplr
Administrative expenses, itemized · 2024
Investment management$4,979
Total administrative$4,979
Employer contributions to the Red River Human Services Foundation plan · 2024
Employer contribution per active participant$5,758
Median for plans this size$2,416
2024$5,758 per active participant
2023$2,899 per active participant
2022$3,113 per active participant

Red River Human Services Foundation's 2024 employer contribution ran above the $2,416 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$4,979 · 0.04%
2023$4,950 · 0.04%
2022$4,850 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Sanford Bismarck ND$20.0M · 0.07%
Development Homes, Inc. ND$14.5M · 0.50%
Sakakawea Medical Center ND$13.8M · 0.73%
Bethany Retirement Living ND$13.3M · 0.62%
Able, Inc. ND$13.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450353814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.