St Luke's Hospital of Duluth401(k)

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

St Luke's Hospital of Duluth reported $262,739 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,174 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 0.074% to 0.065%. 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 94th-largest of 1,918 plans among Minnesota employers on file, and the 376th of 11,911 in health care & social assistance. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 2,797 to 3,095 since 2022.