Plan Ledger DOL Form 5500 · updated monthly

Regions HospitalProfit-sharing plan

REGIONS HOSPITAL RETIREMENT SAVINGS 401(K) PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Regions Hospital reported $333,357 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,225 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 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 74th-largest of 1,918 plans among Minnesota employers on file, and the 286th of 11,911 in health care & social assistance. In 2024, the employer put in $1.81 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$601,951,844
Participants with balances6,470
Active participants6,312
Employer contributions$39,293,998
Employee contributions$21,664,483
Employer contribution per active participant$6,225
Average account balance$93,037
Benefits paid to participants$38,643,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$602.0M · 6,470 accts · $39.3M emplr
2023$502.2M · 6,425 accts · $36.5M emplr
2022$390.2M · 6,207 accts · $18.2M emplr
Employer contributions to the Regions Hospital plan · 2024
Employer contribution per active participant$6,225
Median for plans this size$4,294
2024$6,225 per active participant
2023$5,765 per active participant
2022$2,958 per active participant

Regions Hospital's 2024 employer contribution ran above the $4,294 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
FIDELITY INVEST INST OPER CO · Loan processing$305,508
MERCER, INC. · Consulting$27,849

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$333,357 · 0.06%
2023$334,251 · 0.07%
2022$310,679 · 0.07%
All plans at this employer2
REGIONS HOSPITAL RETIREMENT SAVINGS 401(K) PLANProfit-sharing plan
REGIONS HOSPITAL 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
North Memorial Health MN$778.3M · 0.11%
Optum Medical Services, P.C. MN$718.1M · 0.00%
St Luke's Hospital of Duluth MN$422.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410956618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.