Plan Ledger DOL Form 5500 · updated monthly

Rimrock Foundation403(b)

RIMROCK FOUNDATION 403(B) PLAN · BILLINGS, MT · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Rimrock Foundation reported $9,020 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $553 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 0.22% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Montana (177th of 229), and 8,056th of 11,911 in health care & social assistance. In 2023, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,739,726
Participants with balances204
Active participants177
Employer contributions$97,923
Employee contributions$341,577
Employer contribution per active participant$553
Average account balance$23,234
Benefits paid to participants$149,916
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 181 accts · $3K emplr
2023$4.7M · 204 accts · $98K emplr
2022$3.8M · 189 accts · $85K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,020
Total administrative$9,020
Employer contributions to the Rimrock Foundation plan · 2023
Employer contribution per active participant$553
Median for plans this size$1,308
2024$19 per active participant
2023$553 per active participant
2022$445 per active participant

Rimrock Foundation's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment advisory (participants)$9,496

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$8,360 · 0.19%
2023$9,020 · 0.21%
2022$8,831 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Montana
Pureview Health Center MT$5.3M · 0.60%
Flathead Industries MT$4.0M · 0.33%
Center for Mental Health MT$3.3M · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810302870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.