Plan Ledger DOL Form 5500 · updated monthly

The Hills Youth and Family Services, Inc.403(b)

THE HILLS YOUTH AND FAMILY SERVICES 403(B) RETIREMENT PLAN · DULUTH, MN · plan year 2022

Reported admin expense ratio · 2022
2.78%

The Hills Youth and Family Services, Inc. reported $79,803 in plan administrative expenses for 2022: 2.78% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,915th of 1,918), and 11,859th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$22,620
Participants with balances2
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$11,310
Benefits paid to participants$4,830,710
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,927
Professional / advisory$58,876
Total administrative$79,803
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$79,803 · 2.78%
Similar plansHealth Care & Social Assistance · Minnesota

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.