Plan Ledger DOL Form 5500 · updated monthly

U.S. Nursing Corporation401(k)

FASTAFF 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

U.S. Nursing Corporation reported $113,211 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $348 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 rose from 0.06% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 203rd-largest of 1,461 plans among Colorado employers on file, and the 1,572nd of 11,911 in health care & social assistance. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 10,231 to 5,637 since 2022.

Plan summary
Net assets, end of year$61,759,559
Participants with balances1,199
Active participants5,637
Employer contributions$1,960,065
Employee contributions$4,921,839
Employer contribution per active participant$348
Average account balance$51,509
Benefits paid to participants$13,246,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 1,199 accts · $2.0M emplr
2023$50.6M · 1,289 accts · $2.0M emplr
2022$28.8M · 838 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,648
Audit (IQPA)$6,250
Trustee / custodial$33,099
Total administrative$113,211
The U.S. Nursing Corporation 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$3,635
2024$348 per active participant
2023$190 per active participant
2022$137 per active participant

U.S. Nursing Corporation's 2024 employer contribution ran below the $3,635 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 · 20241
BOKF, NA · Investment advisory (plan) · Trustee (directed)$106,961

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$113,211 · 0.20%
2023$77,632 · 0.20%
2022$16,424 · 0.06%
Similar plansHealth Care & Social Assistance · Colorado
Valley View Hospital CO$74.7M · 0.09%
Paladina Health LLC CO$68.0M · 0.47%
South Denver Cardiology CO$50.7M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841108544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.