Plan Ledger DOL Form 5500 · updated monthly

Sioux Center Health401(k)

SIOUX CENTER HEALTH 401(K) PLAN · SIOUX CENTER, IA · plan year 2025

Reported admin expense ratio · 2025
0.33%

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

Sioux Center Health reported $140,318 in plan administrative expenses for 2025: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,701 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 4 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 206th-largest of 878 plans among Iowa employers on file, and the 2,010th of 11,911 in health care & social assistance. In 2025, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 433 to 491 since 2022.

Plan summary
Net assets, end of year$45,978,211
Participants with balances567
Active participants491
Employer contributions$1,326,141
Employee contributions$2,662,673
Employer contribution per active participant$2,701
Average account balance$81,090
Benefits paid to participants$3,066,162
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$46.0M · 567 accts · $1.3M emplr
2024$38.2M · 547 accts · $1.2M emplr
2023$32.5M · 508 accts · $1.0M emplr
2022$26.9M · 510 accts · $972K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$140,318
Total administrative$140,318
The Sioux Center Health 401(k) match · 2025
Employer contribution per active participant$2,701
Median for plans this size$2,666
2025$2,701 per active participant
2024$2,505 per active participant
2023$2,393 per active participant
2022$2,246 per active participant

Sioux Center Health's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$140,318
EQUITABLE NETWORK LLC · Other servicesindirect comp
EQUITABLE ADVISORS, LLC. · Other servicesindirect comp
WILSHIRE ADVISORS 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 history4
2025$140,318 · 0.33%
2024$120,367 · 0.34%
2023$96,509 · 0.32%
2022$100,050 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Impactlife IA$42.8M · 0.38%
Childserve Inc IA$40.9M · 0.50%
Wesleylife IA$38.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420796764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.