Plan Snapshot
- Plan Sponsor: Montana Health Network INC
- Sponsor EIN: 810440728
- Sponsor Address: 519 PLEASANT STREET, MILES CITY, MT, 593013216
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,219
- Total Assets: $15.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,219 | $15.5M | $0 | $0 |
| 2024 | 2,063 | $18.9M | $29.9M | $57,748 |
| 2023 | 2,003 | $18.2M | $27.0M | $95,605 |
| 2022 | 1,677 | $17.6M | $22.4M | $78,989 |
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 |
|---|---|---|---|---|
| PACIFICSOURCE HEALTH PLANS | Other Service Provider | $823,476 | — | $823,476 |
| MONTANA HEALTH NETWORK INC | Other Service Provider | $241,073 | — | $241,073 |
| MONIDA HEALTHCARE NETWORK | Other Service Provider | $238,433 | — | $238,433 |
| RIVER BEND STRATEGIES INC. | Other Service Provider | $162,000 | — | $162,000 |
| LEIF ASSOCIATES, INC. | Other Service Provider | $60,260 | — | $60,260 |
| EIDE BAILLY LLP | Other Service Provider | $33,705 | — | $33,705 |
| HOLLAND & HART | Other Service Provider | $11,841 | — | $11,841 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,570,788
- Estimated Expense Ratio: 10.122% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $37,377,268 | — | $399,655 | $33,705 | — |
| 2024 | $1,158,419 | — | $967,066 | — | — |
| 2023 | $1,068,143 | — | $832,370 | — | — |
| 2022 | $926,402 | — | $758,531 | — | $120,525 |