Plan Ledger DOL Form 5500 · updated monthly

Siouxland Surgery Center Limited Partnership401(k)

SIOUXLAND SURGERY CENTER LP DBA SURGICAL DUNES CENTER 401(K) RETIREMENT PLAN · DAKOTA DUNES, SD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Siouxland Surgery Center Limited Partnership reported $81,539 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,583 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 3 years on file its reported administrative ratio has held roughly steady near 0.489%. 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 102nd-largest of 233 plans among South Dakota employers on file, and the 4,154th of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 218 to 278 since 2022.

Plan summary
Net assets, end of year$16,844,779
Participants with balances358
Active participants278
Employer contributions$440,167
Employee contributions$792,926
Employer contribution per active participant$1,583
Average account balance$47,052
Benefits paid to participants$2,709,869
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 358 accts · $440K emplr
2023$16.5M · 330 accts · $459K emplr
2022$14.4M · $480K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,539
Total administrative$81,539
The Siouxland Surgery Center Limited Partnership 401(k) match · 2024
Employer contribution per active participant$1,583
Median for plans this size$2,416
2024$1,583 per active participant
2023$1,880 per active participant
2022$2,202 per active participant

Siouxland Surgery Center Limited Partnership's 2024 employer contribution ran below the $2,416 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 · 20243
HUB INVESTMENT ADVISORS · Investment advisory (plan)$33,589
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$6,505

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$81,539 · 0.49%
2023$78,257 · 0.51%
2022$77,140 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Brown Clinic P.L.L.P. SD$19.6M · 0.36%
Horizon Health Care, Inc. SD$19.1M · 0.64%
Platte Health Center SD$14.0M · 0.27%
Madison Community Hospital SD$12.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460423353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.