Plan Ledger DOL Form 5500 · updated monthly

West River Health Service Foundation and Subsidiaries403(b)

WEST RIVER HEALTH SERVICE FOUNDATION AND SUBSIDIARIES TAX DEFERRED ANNUITY PLAN · HETTINGER, ND · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

West River Health Service Foundation and Subsidiaries reported $66,575 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,547 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 0.19% to 0.25%. 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 86th-largest of 279 plans among North Dakota employers on file, and the 2,955th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,444,575
Participants with balances375
Active participants300
Employer contributions$463,996
Employee contributions$860,819
Employer contribution per active participant$1,547
Average account balance$73,186
Benefits paid to participants$2,910,320
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL L ANDERSON & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 375 accts · $464K emplr
2023$25.3M · 362 accts · $448K emplr
2022$24.3M · 358 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,492
Investment management$35,083
Total administrative$66,575
Employer contributions to the West River Health Service Foundation and Subsidiaries plan · 2024
Employer contribution per active participant$1,547
Median for plans this size$2,416
2024$1,547 per active participant
2023$1,557 per active participant
2022$1,543 per active participant

West River Health Service Foundation and Subsidiaries'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$26,733
FRANCIS INVESTMENT COUNSEL LLC · Investment advisory (participants) · Investment advisory (plan)$35,083

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$66,575 · 0.25%
2023$69,389 · 0.28%
2022$51,093 · 0.19%
Similar plansHealth Care & Social Assistance · North Dakota
Valley Senior Living ND$34.4M · 0.41%
Dakota Eye Institute, PC ND$30.7M · 0.24%
Hit, Inc. ND$27.4M · 0.02%
Anne Carlsen Center ND$26.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450411825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.