Plan Snapshot
- Plan Sponsor: Altru Health System
- Sponsor EIN: 450310462
- Sponsor Address: 1200 S COLUMBIA RD, GRAND FORKS, ND, 582014036
- Plan Type: 401(k)
- Total Participants: 2,877
- Total Assets: $495.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,877 | $495.3M | $12.4M | $20.2M |
| 2023 | 2,932 | $455.7M | $12.2M | $19.8M |
| 2022 | 3,007 | $398.8M | $12.0M | $19.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $275,689 | $224,167 | — | — | — |
| 2023 | $283,470 | $229,054 | — | — | — |
| 2022 | $317,798 | — | $300,940 | — | $16,858 |