Plan Ledger DOL Form 5500 · updated monthly

The Yellowstone Bank401(k)

YELLOWSTONE BANK 401(K) PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

The Yellowstone Bank reported $70,980 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,409 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 0.36% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 65th-largest of 229 plans among Montana employers on file, and 2,893rd of 4,798 in finance & insurance. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,167,674
Participants with balances123
Active participants113
Employer contributions$385,170
Employee contributions$653,963
Employer contribution per active participant$3,409
Average account balance$180,225
Benefits paid to participants$3,066,709
Plan auditUnmodified (clean) audit opinion
AuditorFORTNER BAYENS PC
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 123 accts · $385K emplr
2023$21.0M · 111 accts · $398K emplr
2022$16.6M · 114 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,509
Investment management$47,471
Total administrative$70,980
The The Yellowstone Bank 401(k) match · 2024
Employer contribution per active participant$3,409
Median for plans this size$2,416
2024$3,409 per active participant
2023$3,980 per active participant
2022$3,727 per active participant

The Yellowstone Bank's 2024 employer contribution ran above 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$47,471
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,509

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$70,980 · 0.33%
2023$65,235 · 0.35%
2022$70,977 · 0.36%
Similar plansFinance & Insurance · Montana
Opportunity Bank of Montana MT$40.0M · 0.10%
Independence Bank MT$34.5M · 0.38%
Mann Mortgage, LLC MT$27.3M · 0.54%
Bank of Bridger, N.A. MT$16.7M · 0.31%
Taurus LLC MT$12.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810211310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.