Plan Ledger DOL Form 5500 · updated monthly

United Hospital District, Inc.403(b)

UNITED HOSPITAL DISTRICT 403(B) PLAN · BLUE EARTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

United Hospital District, Inc. reported $22,006 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,315 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 3 years on file its reported administrative ratio has held roughly steady near 0.115%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 869th-largest of 1,918 plans among Minnesota employers on file, and the 3,578th of 11,911 in health care & social assistance. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 249 to 298 since 2022.

Plan summary
Net assets, end of year$20,833,121
Participants with balances309
Active participants298
Employer contributions$987,816
Employee contributions$1,403,295
Employer contribution per active participant$3,315
Average account balance$67,421
Benefits paid to participants$1,308,718
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 309 accts · $988K emplr
2023$17.5M · 284 accts · $820K emplr
2022$14.2M · 279 accts · $729K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,552
Investment management$16,454
Total administrative$22,006
Employer contributions to the United Hospital District, Inc. plan · 2024
Employer contribution per active participant$3,315
Median for plans this size$2,416
2024$3,315 per active participant
2023$3,192 per active participant
2022$2,928 per active participant

United Hospital District, Inc.'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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$22,451

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,006 · 0.11%
2023$18,461 · 0.12%
2022$16,850 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Eventide MN$22.1M · 0.46%
South Lake Clinic, P.A. MN$20.6M · 0.35%
Icario, Inc. MN$20.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454165628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.