Plan Ledger DOL Form 5500 · updated monthly

San Luis Valley Health403(b)

SAN LUIS VALLEY HEALTH 403(B) PLAN · ALAMOSA, CO · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

San Luis Valley Health reported $72,987 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $830 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 0.26% to 0.21%. 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 the 322nd-largest of 1,461 plans among Colorado employers on file, and the 2,388th of 11,911 in health care & social assistance. In 2024, employees put in $3.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,784,439
Participants with balances519
Active participants783
Employer contributions$649,912
Employee contributions$2,577,738
Employer contribution per active participant$830
Average account balance$70,876
Benefits paid to participants$3,063,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.8M · 519 accts · $650K emplr
2023$32.1M · 515 accts · $632K emplr
2022$27.8M · 544 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,629
Investment management$358
Total administrative$72,987
Employer contributions to the San Luis Valley Health plan · 2024
Employer contribution per active participant$830
Median for plans this size$2,416
2024$830 per active participant
2023$877 per active participant
2022$865 per active participant

San Luis Valley Health's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,628
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$72,987 · 0.21%
2023$78,236 · 0.26%
2022$78,799 · 0.26%
All plans at this employer2
SAN LUIS VALLEY HEALTH MONEY PURCHASE PLANMoney purchase plan
SAN LUIS VALLEY HEALTH 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Somalogic Incorporated CO$37.2M · 0.42%
Clinica Family Health CO$33.8M · 0.49%
Sagility Operations Inc CO$31.1M · 1.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840255530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.