Plan Ledger DOL Form 5500 · updated monthly

Unity Medical Center401(k)

UNITY MEDICAL CENTER 401(K) PROFIT SHARING PLAN · GRAFTON, ND · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Unity Medical Center reported $30,875 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,202 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 0.30%. 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 among the smaller plans on file in North Dakota (165th of 279), and the 5,229th of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 161 to 189 since 2022.

Plan summary
Net assets, end of year$11,726,104
Participants with balances141
Active participants189
Employer contributions$605,254
Employee contributions$899,366
Employer contribution per active participant$3,202
Average account balance$83,164
Benefits paid to participants$134,966
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 141 accts · $605K emplr
2023$9.1M · 125 accts · $472K emplr
2022$6.7M · 119 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,875
Total administrative$30,875
The Unity Medical Center 401(k) match · 2024
Employer contribution per active participant$3,202
Median for plans this size$2,416
2024$3,202 per active participant
2023$2,774 per active participant
2022$2,179 per active participant

Unity Medical Center'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
BELL BANK · Recordkeeping · Trustee$30,875

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history3
2024$30,875 · 0.30%
2023$25,340 · 0.32%
2022$21,247 · 0.36%
Similar plansHealth Care & Social Assistance · North Dakota
Sakakawea Medical Center ND$13.8M · 0.73%
Bethany Retirement Living ND$13.3M · 0.62%
Able, Inc. ND$13.1M · 0.13%
Enable, Inc. ND$11.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450310159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.