Plan Ledger DOL Form 5500 · updated monthly

Valley-Wide Health Systems, Inc.403(b)

VALLEY-WIDE HEALTH SYSTEMS, INC. 403(B) PLAN · ALAMOSA, CO · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Valley-Wide Health Systems, Inc. reported $138,068 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,956 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 0.49%. 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 373rd-largest of 1,461 plans among Colorado employers on file, and the 2,767th of 11,911 in health care & social assistance. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 480 to 554 since 2022.

Plan summary
Net assets, end of year$30,171,242
Participants with balances668
Active participants554
Employer contributions$1,083,882
Employee contributions$2,517,086
Employer contribution per active participant$1,956
Average account balance$45,167
Benefits paid to participants$3,931,538
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 668 accts · $1.1M emplr
2023$26.5M · 717 accts · $1.1M emplr
2022$17.4M · 576 accts · $783K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,068
Total administrative$138,068
Employer contributions to the Valley-Wide Health Systems, Inc. plan · 2024
Employer contribution per active participant$1,956
Median for plans this size$2,416
2024$1,956 per active participant
2023$1,780 per active participant
2022$1,632 per active participant

Valley-Wide Health Systems, Inc.'s 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$138,068
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$138,068 · 0.49%
2023$109,778 · 0.50%
2022$90,630 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Sagility Operations Inc CO$31.1M · 1.96%
Ob/Gyn Affiliates CO$30.4M · 0.64%
Allhealth Network CO$27.4M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840706945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.