Original filing (PDF)20251014161612NAL0003380401001

GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

Name: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC. — GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN, Form 5500 (2024)
Creator: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

Form 5500

FILING_RECEIVED

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

401(k) retirement plan

Signals · 2

No recordkeeper disclosed8 service providers

Active participants

9,660

Accounts w/ balance

11,187

Plan assets (EOY)

$2.9B

Net assets (EOY)

$2.9B

How this plan invests

This plan

679 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

9 bps in Schedule C fees — 75% above peer band of 5 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC..

Plan sponsor

Name

GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

EIN

39-1606449

Address

1900 SOUTH AVENUE · LA CROSSE, WI · 54601

Phone

(608) 782-7300

Industry

Health Care & Social Assistancesee all

Plan administrator

Name

GUNDERSEN RETIREMENT OVERSIGHT COMMITTEE

EIN

39-1606449

City

LA CROSSE, WI

Phone

(608) 782-7300

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

HAWKINS ASH CPAS, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

8 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
SIT INV ASSOC.	41-1404829	—	NONE	$731K	—
DODGE & COX	95-1441976	—	NONE	$699K	—
ONEAMERICA RETIREMENT SERVICES	46-5378846	—	NONE	$538K	—
SYSTEMATIC FINANCIAL MANAGEMENT	22-3367558	—	NONE	$410K	—
WILLIS TOWERS WATSON MIDWEST, INC.	—	CHICAGO, IL	NONE	$77K	—
MARQUETTE ASSOCIATES	—	CHICAGO, IL	NONE	$44K	—
HAWKINS ASH CPAS, LLP	39-0912608	—	NONE	$16K	—
MATRIX TRUST COMPANY	75-3182674	—	NONE	$0	—

Investments

675 direct securities· $2.7B(95% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Russell 1000 Gr-Ins	—	—	—	$519.3M	18.1%
Vanguard Institutional Index Instl PI	—	—	—	$492.9M	17.2%
Vanguard Extended Market Index Fund Instl Plus 1860	—	—	—	$295.9M	10.3%
Vanguard Interm-Term Bond Idx InstIPIs	—	—	—	$149.1M	5.2%
Baird Aggregate Bond Inst	—	—	—	$127.9M	4.5%
Vanguard FTSE All World ex US Index Fund Instl	—	—	—	$110.4M	3.8%
DFA US Large Cap Value I	—	—	—	$82.7M	2.9%
Vanguard Ftse Soc Indx-Inst	—	—	—	$71.5M	2.5%
Vanguard Short-Term Federal Adm	—	—	—	$41.4M	1.4%
Vanguard Target Retirement 2030 Inv	—	—	—	$34.1M	1.2%
Vanguard Target Retirement 2035 Inv	—	—	—	$23.3M	0.8%
Vanguard Target Retirement 2040 Inv	—	—	—	$20.4M	0.7%
Vanguard Target Retirement 2045 Inv	—	—	—	$20.1M	0.7%
Vanguard Target Retirement 2025 Inv	—	—	—	$18.6M	0.6%
Vanguard Target Retirement 2050 Inv	—	—	—	$17.3M	0.6%
Vanguard Target Retirement 2055 Inv	—	—	—	$16.8M	0.6%
First Am Gov Oblig Z	—	—	—	$12.8M	0.4%
Vanguard Russell 1000 Value Index Fund Instl	—	—	—	$12.7M	0.4%
Charles Schwab Corporation	—	—	—	$12.6M	0.4%
Fiserv Inc	—	—	—	$12.4M	0.4%
RTX Corp	—	—	—	$10.9M	0.4%
Johnson Controls International PLC	—	—	—	$10.3M	0.4%
Wells Fargo & Co New	—	—	—	$10.1M	0.4%
Vanguard Target Retirement 2060 Inv	—	—	—	$9.7M	0.3%
Metlife Inc	—	—	—	$9.2M	0.3%
Sanofi - Aventis Sa Adr	—	—	—	$7.7M	0.3%
Fedex Corp	—	—	—	$7.3M	0.3%
Charter Communications New CI A	—	—	—	$7.3M	0.3%
Amazon Com Inc	—	—	—	$7.1M	0.2%
Microsoft Corporation	—	—	—	$7.1M	0.2%
Vanguard Target Retirement 2065 Inv	—	—	—	$7.1M	0.2%
The Bank of New York Mellon Corp	—	—	—	$6.8M	0.2%
Occidental Petroleum Corp	—	—	—	$6.5M	0.2%
Capital One Financial Corp Com	—	—	—	$6.2M	0.2%
CVS Health Corp	—	—	—	$5.7M	0.2%
Norfolk Southern Co.	—	—	—	$5.5M	0.2%
Booking Holdings Inc	—	—	—	$5.5M	0.2%
Comcast Corp CI A	—	—	—	$5.4M	0.2%
Alphabet Inc CL C	—	—	—	$5.3M	0.2%
Fidelity National Information	—	—	—	$5.3M	0.2%
Alphabet Inc CL A	—	—	—	$5.1M	0.2%
General Electric Co	—	—	—	$5.0M	0.2%
Greif Inc - A	—	—	—	$4.8M	0.2%
Humana Inc.	—	—	—	$4.8M	0.2%
US Treasury When Issued Note/Bond	—	—	—	$4.7M	0.2%
Cigna Group	—	—	—	$4.6M	0.2%
Gilead Sciences Inc	—	—	—	$4.5M	0.2%
T-Mobile US Inc	—	—	—	$4.4M	0.2%
Meta Platforms Inc	—	—	—	$4.3M	0.2%
Anheuser Busch Inbev	—	—	—	$4.2M	0.1%
Williams Co.	—	—	—	$4.0M	0.1%
Vanguard Target Retirement Income Inv	—	—	—	$4.0M	0.1%
US Treasury When Issued Note/Bond	—	—	—	$4.0M	0.1%
Avantor Inc	—	—	—	$4.0M	0.1%
Air Products & Chemicals Inc	—	—	—	$3.9M	0.1%
Unitedhealth Group Inc	—	—	—	$3.9M	0.1%
Baker Hughes Co	—	—	—	$3.9M	0.1%
Int'l Flavors & Fragrances	—	—	—	$3.8M	0.1%
Zimmer Biomet Holdings Inc	—	—	—	$3.7M	0.1%
GSK PLC Spon ADR	—	—	—	$3.5M	0.1%
Fannie Mae Fs7315	—	—	—	$3.5M	0.1%
Fannie Mae Bm7094	—	—	—	$3.3M	0.1%
Government National Mortgage A 786284	—	—	—	$3.3M	0.1%
TE Connectivity LTD	—	—	—	$3.2M	0.1%
Cognizant Tech Solutns CI. A	—	—	—	$3.1M	0.1%
Cisco Systems Inc	—	—	—	$3.0M	0.1%
Regeneron Pharma Inc	—	—	—	$3.0M	0.1%
SBA Communications Corp	—	—	—	$2.9M	0.1%
Baxter Intl Inc	—	—	—	$2.8M	<0.1%
Fanniemae Whole Loan 2004-W1 2A1	—	—	—	$2.8M	<0.1%
Bank Of America Corp	—	—	—	$2.8M	<0.1%
Freddie Mac Zs4117	—	—	—	$2.7M	<0.1%
Fannie Mae Fs4769	—	—	—	$2.6M	<0.1%
Fannie Mae Ma3151	—	—	—	$2.5M	<0.1%
Novartis Ag Sponsored ADR	—	—	—	$2.5M	<0.1%
Fannie Mae 2003-34 A1	—	—	—	$2.5M	<0.1%
Sun Community Inc.	—	—	—	$2.5M	<0.1%
Fannie Mae Fm3614	—	—	—	$2.4M	<0.1%
Dominion Energy Inc	—	—	—	$2.4M	<0.1%
US Treasury Note/Bond	—	—	—	$2.4M	<0.1%
Fannie Mae 2003-18 A1	—	—	—	$2.4M	<0.1%
HP Inc	—	—	—	$2.3M	<0.1%
Lyondellbasell Indus A	—	—	—	$2.3M	<0.1%
GE Healthcare Technologies Inc	—	—	—	$2.3M	<0.1%
Freddie Mac 3218 Bg	—	—	—	$2.3M	<0.1%
Coherent Corp	—	—	—	$2.3M	<0.1%
Conocophillips	—	—	—	$2.3M	<0.1%
Fannie Mae Fs4778	—	—	—	$2.3M	<0.1%
Fanniemae Whole Loan 2003-W15 2A7	—	—	—	$2.3M	<0.1%
Roche Hldg Ltd -Spons Adr	—	—	—	$2.2M	<0.1%
Freddie Mac Sb8269	—	—	—	$2.1M	<0.1%
Fanniemae Grantor Trust 2002-T18 A4	—	—	—	$2.1M	<0.1%
Fannie Mae Ma5202	—	—	—	$2.1M	<0.1%
Carrier Global Corp	—	—	—	$2.0M	<0.1%
Fannie Mae 995076	—	—	—	$2.0M	<0.1%
US Treasury Note/Bond	—	—	—	$2.0M	<0.1%
Incyte Corporation	—	—	—	$2.0M	<0.1%
Elanco Animal Health Inc	—	—	—	$2.0M	<0.1%
Fannie Mae Bm7532	—	—	—	$1.9M	<0.1%
American Electric Power Co	—	—	—	$1.9M	<0.1%
Vanguard Target Retirement 2020 Inv	—	—	—	$1.9M	<0.1%
Fannie Mae Fm2764	—	—	—	$1.9M	<0.1%
Bristol-Myers Squibb Co	—	—	—	$1.9M	<0.1%
Government National Mortgage A 2018-11 Wc	—	—	—	$1.9M	<0.1%
Fannie Mae Fm6155	—	—	—	$1.8M	<0.1%
Celanese Corp Series A	—	—	—	$1.8M	<0.1%
Government National Mortgage A 2016-104 Wa	—	—	—	$1.8M	<0.1%
Molson Coors Beverage Co-B	—	—	—	$1.8M	<0.1%
Government National Mortgage A Bv3235	—	—	—	$1.8M	<0.1%
State Street Corp	—	—	—	$1.8M	<0.1%
V.F. Corp.	—	—	—	$1.8M	<0.1%
Fox Corp CL A	—	—	—	$1.7M	<0.1%
Government National Mortgage A 787363	—	—	—	$1.7M	<0.1%
FHLMC Structured Pass Through	—	—	—	$1.7M	<0.1%
Fannie Mae 2013-28 Wd	—	—	—	$1.7M	<0.1%
Fifth Third Bancorp	—	—	—	$1.7M	<0.1%
Fannie Mae Fm3581	—	—	—	$1.7M	<0.1%
Fannie Mae 2005-68 Kz	—	—	—	$1.6M	<0.1%
Fannie Mae Fm5684	—	—	—	$1.6M	<0.1%
Freddie Mac Sb8270	—	—	—	$1.6M	<0.1%
Biomarin Pharmaceutical	—	—	—	$1.6M	<0.1%
Aegon Ltd	—	—	—	$1.6M	<0.1%
First Citizens Bancshare	—	—	—	$1.6M	<0.1%
State Street Corp	—	—	—	$1.6M	<0.1%
Fannie Mae Fs4171	—	—	—	$1.6M	<0.1%
Comerica Inc	—	—	—	$1.6M	<0.1%
Putnam Master Income Trust Shares	—	—	—	$1.6M	<0.1%
Fannie Mae Bm4122	—	—	—	$1.6M	<0.1%
Fannie Mae Fs4183	—	—	—	$1.6M	<0.1%
Keycorp	—	—	—	$1.6M	<0.1%
Gap Inc	—	—	—	$1.6M	<0.1%
Angel Oak Financial Strategic	—	—	—	$1.5M	<0.1%
Utah Hsg Corp Sf Mtge Revenue Txbl-Single Family Mortgage Bo	—	—	—	$1.5M	<0.1%
Fox Corp Class B	—	—	—	$1.5M	<0.1%
Freddie Mac A92821	—	—	—	$1.5M	<0.1%
Putnam Premier Income	—	—	—	$1.5M	<0.1%
Jpmorgan Chase & Co	—	—	—	$1.5M	<0.1%
Gatx Corp	—	—	—	$1.5M	<0.1%
Nebraska St Investment Fin Aut Txbl-Ser F	—	—	—	$1.5M	<0.1%
US Treasury Note/Bond	—	—	—	$1.5M	<0.1%
Honda Motor Ltd Sponsored ADR	—	—	—	$1.5M	<0.1%
Fannie Mae 2024-21 Da	—	—	—	$1.5M	<0.1%
Chase Mortgage Finance Corpora 2024-11 A4	—	—	—	$1.5M	<0.1%
Government National Mortgage A 784284	—	—	—	$1.5M	<0.1%
Freddie Mac 5083 Bx	—	—	—	$1.5M	<0.1%
JPMorgan Mortgage Trust 2024-12 A8A	—	—	—	$1.5M	<0.1%
TCW Strategic Income Fund	—	—	—	$1.5M	<0.1%
Alnylam Pharmaceuticals Inc	—	—	—	$1.5M	<0.1%
Mfs Intermediate Inc Tr Sbi	—	—	—	$1.4M	<0.1%
US Treasury When Issued Note/Bond	—	—	—	$1.4M	<0.1%
Bank Of NY Mellon Corp	—	—	—	$1.4M	<0.1%
Sba Tower Trust	—	—	—	$1.4M	<0.1%
Cincinnati Financial Corp	—	—	—	$1.4M	<0.1%
Freddie Mac Sd2589	—	—	—	$1.4M	<0.1%
Gaming and Leisure Properties Inc	—	—	—	$1.4M	<0.1%
Fanniemae Whole Loan 2003-W4 3A	—	—	—	$1.4M	<0.1%
UBS Group AG	—	—	—	$1.3M	<0.1%
Northern Trust Corp	—	—	—	$1.3M	<0.1%
Kinder Morgan Inc	—	—	—	$1.3M	<0.1%
Fortive Corp	—	—	—	$1.3M	<0.1%
Chase Mortgage Finance Corpora 2024-9 A4	—	—	—	$1.3M	<0.1%
New Hampshire St Hlth & Edu Fa Txbl-Ser A	—	—	—	$1.3M	<0.1%
Medtronic PLC	—	—	—	$1.3M	<0.1%
Government National Mortgage A 782534	—	—	—	$1.3M	<0.1%
PNM Energy Transition	—	—	—	$1.3M	<0.1%
Dallas Tx Indep Sch Dist Build America Bonds-Taxable-Sc	—	—	—	$1.3M	<0.1%
F&G Global Funding	—	—	—	$1.3M	<0.1%
Fannie Mae Ad0722	—	—	—	$1.2M	<0.1%
Oregon St Hsg & Cmnty Svcs Dep Txbl-Ref-Single Family Mtge Pr	—	—	—	$1.2M	<0.1%
Freddie Mac 5407 Ab	—	—	—	$1.2M	<0.1%
Fannie Mae Bm5506	—	—	—	$1.2M	<0.1%
Mueller Inds Inc	—	—	—	$1.2M	<0.1%
Univ Of Michigan MI Build America Bds	—	—	—	$1.2M	<0.1%
Fannie Mae Bm7533	—	—	—	$1.2M	<0.1%
Magnolia Oil & Gas Corp	—	—	—	$1.2M	<0.1%
Fannie Mae 2003-89 A5	—	—	—	$1.2M	<0.1%
JP Morgan Mortgage Trust 2021-6 A4	—	—	—	$1.2M	<0.1%
Fannie Mae Fm5613	—	—	—	$1.1M	<0.1%
Fannie Mae Fm8425	—	—	—	$1.1M	<0.1%
Emcor Group Inc	—	—	—	$1.1M	<0.1%
Freddie Mac 3819 Zq	—	—	—	$1.1M	<0.1%
Jp Morgan Mortgage Trust 2021-6 A12	—	—	—	$1.1M	<0.1%
Freddie Mac 4812 Cz	—	—	—	$1.1M	<0.1%
Tacoma WA Elec Sys Revenue Build America Bds	—	—	—	$1.1M	<0.1%
American Tower Trust I	—	—	—	$1.1M	<0.1%
Fannie Mae Bm1038	—	—	—	$1.1M	<0.1%
Mfs Govt Markets Income	—	—	—	$1.1M	<0.1%
Fannie Mae 2002-60 A4	—	—	—	$1.1M	<0.1%
Indiana St Financial Auth Rev Build	—	—	—	$1.1M	<0.1%
Sequoia Mortgage Trust 2024-10 A17	—	—	—	$1.1M	<0.1%
Government National Mortgage A 2016-99 Ja	—	—	—	$1.1M	<0.1%
Freddie Mac Zs4097	—	—	—	$1.1M	<0.1%
Idaho St Hsg & Fin Assn Sf Mtg Txbl-Ser B	—	—	—	$1.0M	<0.1%
Mississippi St Home Corp Sf Mt Txbl-Ser D	—	—	—	$1.0M	<0.1%
Government National Mortgage A 2020-165 Bq	—	—	—	$1.0M	<0.1%
Government National Mortgage A 2017-84 Pt	—	—	—	$1.0M	<0.1%
Fanniemae Whole Loan 2003-W2 1A3	—	—	—	$1.0M	<0.1%
Warren MI Consol Sch Dist Qualified Sch Constr Bds-Direc	—	—	—	$1.0M	<0.1%
Tennessee Hsg Dev Agy Rsdl Fin Txbl-Social Bonds-Ref-Ser 3B	—	—	—	$1.0M	<0.1%
Jp Morgan Mortgage Trust 2021-13 A4	—	—	—	$1.0M	<0.1%

Showing top 200 of 675 investments by value.