Plan Ledger DOL Form 5500 · updated monthly

Zumbro Valley Health Center, Inc.401(k)

ZUMBRO VALLEY HEALTH CENTER 401(K) SAVINGS PLAN · ROCHESTER, MN · plan year 2024

Reported admin expense ratio · 2024
1.94%

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

Zumbro Valley Health Center, Inc. reported $162,941 in plan administrative expenses for 2024: 1.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,245 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 0.30% to 1.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,373rd of 1,918), and 6,180th of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,666,678
Participants with balances251
Active participants219
Employer contributions$272,628
Employee contributions$696,803
Employer contribution per active participant$1,245
Average account balance$34,529
Benefits paid to participants$1,290,783
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SCHAFER AND ASSOCIATES LTD
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 251 accts · $273K emplr
2023$8.1M · 356 accts · $264K emplr
2022$7.0M · 346 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,941
Total administrative$162,941
The Zumbro Valley Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,245
Median for plans this size$1,313
2024$1,245 per active participant
2023$1,109 per active participant
2022$1,073 per active participant

Zumbro Valley Health Center, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20246
ASCENSUS HOLDINGS, INC. DBA FUTUREP · Contract administrator$44,829
ZUMBRO VALLEY HEALTH CENTER · Contract administrator$42,008
EMPOWER ADVISORY GROUP, LLC · Investment management$23,137
LEAFHOUSE FINANCIAL ADVISORS, LLC$1,710
STIFEL NICOLAUS & CO., INC.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$162,941 · 1.94%
2023$24,232 · 0.32%
2022$21,845 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Tubman MN$8.8M · 0.05%
Alluma, Inc. MN$8.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 416052022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.