Retirement plan

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

Name: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC. - GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN (2024) Form 5500
Creator: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN, GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.EIN 39-1606449Plan #002PY 2024

1900 SOUTH AVENUE - LA CROSSE, WI 54601608-782-7300

Other plans on this EIN

1 filing

#003Retirement-$28.6M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$2871.9M

+14.1% from 2023

Total participants

12,092

+13.8% from 2023

Average account balance

$256,717

+0.4% from 2023

Annual return

17.56%

-1.41 pp from 2023

Benchmarks

See 238 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort238 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.87B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$257K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

11,187

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$151.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$225

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 8 by compensation

Provider	Service type	Compensation
SIT INVESTMENT ASSOCIATES10+ years Filed as: SIT INV ASSOC. Service code 28 · EIN 41-1404829	Investment Management	$731,226
DODGE & COX10+ years Service code 28 · EIN 95-1441976	Investment Management	$698,944
AMERICAN UNITED LIFE INSURANCE CO9 years Filed as: ONEAMERICA RETIREMENT SERVICES Service code 15 · EIN 46-5378846	Recordkeeping	$537,905
SYSTEMATIC FINANCIAL MANAGEMENT7 years Service code 28 · EIN 22-3367558	Investment Management	$410,239
WILLIS TOWERS WATSON US LLC1 year Filed as: WILLIS TOWERS WATSON MIDWEST, INC. Service code 23 93076 NETWORK PLACE · CHICAGO, IL 60673	Insurance services	$76,528
MARQUETTE ASSOCIATES9 years Service code 27 180 NORTH LASALLE STREET · CHICAGO, IL 60601	Advisory (Plan)	$43,750
HAWKINS ASH CPAS10+ years Filed as: HAWKINS ASH CPAS, LLP Service code 10 · EIN 39-0912608	Accounting	$16,000
MATRIX TRUST COMPANY2 years Service code 19 · EIN 75-3182674	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.5M

$260 / participant

Investment mgmt$2M74.9%
Contract admin$538K21.4%
Other / not subdivided$93K3.7%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAWKINS ASH CPAS, LLP
Auditor EIN: 390912608
Audit fees: $16,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$256,717

$67,823+278.5%

$155,602+65.0%

$99,187+158.8%

Participation rate

90.6%

67.5%+23.1pp

78.2%+12.4pp

71.7%+19.0pp

Annual return

17.56%

16.16%+1.4pp

64.81%-47.2pp

17.66%-0.1pp

Employer contribution / active EE

$9,913

$2,280+334.8%

$4,675+112.0%

$3,262+203.9%

Participant deferral / active EE

$5,739

$3,847+49.2%

$5,629+2.0%

$5,339+7.5%

Admin fee / account holder

$225

$94+140.1%

$15,923-98.6%

$109+106.1%

Provider

Service type

Compensation

SIT INVESTMENT ASSOCIATES10+ years

Filed as: SIT INV ASSOC.

Service code 28 · EIN 41-1404829

Investment Management

$731,226

DODGE & COX10+ years

Service code 28 · EIN 95-1441976

Investment Management

$698,944

AMERICAN UNITED LIFE INSURANCE CO9 years

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 15 · EIN 46-5378846

Recordkeeping

$537,905

SYSTEMATIC FINANCIAL MANAGEMENT7 years

Service code 28 · EIN 22-3367558

Investment Management

$410,239

WILLIS TOWERS WATSON US LLC1 year

Filed as: WILLIS TOWERS WATSON MIDWEST, INC.

Service code 23

93076 NETWORK PLACE · CHICAGO, IL 60673

Insurance services

$76,528

MARQUETTE ASSOCIATES9 years

Service code 27

180 NORTH LASALLE STREET · CHICAGO, IL 60601

Advisory (Plan)

$43,750

HAWKINS ASH CPAS10+ years

Filed as: HAWKINS ASH CPAS, LLP

Service code 10 · EIN 39-0912608

Accounting

$16,000

MATRIX TRUST COMPANY2 years

Service code 19 · EIN 75-3182674

Securities Custodian

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion