Plan Ledger DOL Form 5500 · updated monthly

Trinity Health401(k)

TRINIPLUS RETIREMENT PLAN · MINOT, ND · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Trinity Health reported $268,238 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,088 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 0.09% to 0.07%. 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 14th-largest of 279 plans among North Dakota employers on file, and the 386th of 11,911 in health care & social assistance. In 2024, employees put in $5.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$407,261,415
Participants with balances3,708
Active participants2,366
Employer contributions$2,573,957
Employee contributions$14,936,335
Employer contribution per active participant$1,088
Average account balance$109,833
Benefits paid to participants$48,570,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$407.3M · 3,708 accts · $2.6M emplr
2023$388.6M · 3,795 accts · $2.6M emplr
2022$348.4M · 3,852 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$226,334
Investment management$21,755
Audit (IQPA)$20,149
Total administrative$268,238
The Trinity Health 401(k) match · 2024
Employer contribution per active participant$1,088
Median for plans this size$4,294
2024$1,088 per active participant
2023$1,065 per active participant
2022$1,102 per active participant

Trinity Health's 2024 employer contribution ran below the $4,294 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$213,863
CLIFTON LARSON ALLEN, LLP · Accounting / audit$20,149
ADVANCED CAPITAL GROUP · Consulting · Insurance services$20,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$50
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$268,238 · 0.07%
2023$256,787 · 0.07%
2022$360,961 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Sanford ND$3.6B · 0.05%
Altru Health System ND$488.6M · 0.06%
St. Alexius Medical Center ND$164.9M · 0.17%
Mid Dakota Clinic, P.C. ND$81.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450226558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.