Plan Ledger DOL Form 5500 · updated monthly

Teton Valley Health Care, Inc.403(b)

TETON VALLEY HEALTH CARE, INC. 403(B) PLAN · DRIGGS, ID · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Teton Valley Health Care, Inc. reported $28,234 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $542 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 0.51% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Idaho (194th of 349), and 6,486th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 182 to 364 since 2022.

Plan summary
Net assets, end of year$7,933,105
Participants with balances362
Active participants364
Employer contributions$197,148
Employee contributions$448,659
Employer contribution per active participant$542
Average account balance$21,915
Benefits paid to participants$937,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 362 accts · $197K emplr
2023$6.4M · 151 accts · $154K emplr
2022$5.8M · 135 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,234
Total administrative$28,234
The Teton Valley Health Care, Inc. 401(k) match · 2024
Employer contribution per active participant$542
Median for plans this size$1,313
2024$542 per active participant
2023$746 per active participant
2022$781 per active participant

Teton Valley Health Care, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,234
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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 history3
2024$28,234 · 0.39%
2023$31,006 · 0.51%
2022$30,618 · 0.51%
Similar plansHealth Care & Social Assistance · Idaho
Health West, Inc. ID$11.4M · 0.85%
Health Services, LLC ID$7.1M · 0.50%
Ume Dental Growth, LLC ID$6.3M · 0.33%
Idaho Youth Ranch, Inc. ID$5.4M · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454551946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.