Plan Ledger DOL Form 5500 · updated monthly

Yankton Medical Clinic P.C.401(k)

YANKTON MEDICAL CLINIC P.C. PROFIT SHARING PLAN & TRUST · YANKTON, SD · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Yankton Medical Clinic P.C. reported $164,322 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $10,791 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 0.164%. 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 12th-largest of 233 plans among South Dakota employers on file, and the 1,041st of 11,911 in health care & social assistance. In 2024, the employer put in $3.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$107,226,992
Participants with balances443
Active participants322
Employer contributions$3,474,829
Employee contributions$1,125,160
Employer contribution per active participant$10,791
Average account balance$242,047
Benefits paid to participants$5,032,380
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.2M · 443 accts · $3.5M emplr
2023$93.6M · 378 accts · $3.5M emplr
2022$80.6M · 364 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,646
Investment management$158,676
Total administrative$164,322
The Yankton Medical Clinic P.C. 401(k) match · 2024
Employer contribution per active participant$10,791
Median for plans this size$3,635
2024$10,791 per active participant
2023$11,356 per active participant
2022$9,606 per active participant

Yankton Medical Clinic P.C.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$5,646
FIRST NATIONAL BANK IN SIOUX FALLS · Trustee · Trustee (directed)$158,676
MATRIX TRUST COMPANY · Custodial (securities)indirect comp

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$164,322 · 0.16%
2023$140,869 · 0.16%
2022$143,494 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Monument Health, Inc. SD$364.8M · 0.06%
Cnos, PC SD$86.6M · 0.04%
Orthopedic Institute SD$74.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460363830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.