Plan Ledger DOL Form 5500 · updated monthly

Reedsburg Area Medical Center, Inc.401(k)

REEDSBURG AREA MEDICAL CENTER, INC. 401(K) PLAN · REEDSBURG, WI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Reedsburg Area Medical Center, Inc. reported $240,014 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,027 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 0.37% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 252nd-largest of 1,936 plans among Wisconsin employers on file, and the 1,196th of 11,911 in health care & social assistance. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,129,681
Participants with balances804
Active participants615
Employer contributions$1,861,634
Employee contributions$3,440,349
Employer contribution per active participant$3,027
Average account balance$110,858
Benefits paid to participants$6,715,527
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONALLENLARSON
Plan history3
Yearassets · accounts · employer contribution
2024$89.1M · 804 accts · $1.9M emplr
2023$81.1M · 725 accts · $1.7M emplr
2022$68.2M · 723 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,058
Investment management$153,956
Total administrative$240,014
The Reedsburg Area Medical Center, Inc. 401(k) match · 2024
Employer contribution per active participant$3,027
Median for plans this size$3,635
2024$3,027 per active participant
2023$2,883 per active participant
2022$2,742 per active participant

Reedsburg Area Medical Center, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
COTA STREET INVESTMENT MANAGEMENT · Investment management$77,842
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,743
MBE WEALTH MANAGEMENT LLC · Investment advisory (plan)$25,371

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$240,014 · 0.28%
2023$216,265 · 0.29%
2022$272,712 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Beloit Health System, Inc. WI$118.3M · 0.17%
Froedtert South, Inc. WI$89.2M · 0.13%
Upland Hills Health, Inc. WI$77.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391091432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.