Plan Ledger DOL Form 5500 · updated monthly

Agrace Hospicecare403(b)

AGRACE HOSPICECARE EMPLOYEE RETIREMENT PLAN · MADISON, WI · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Agrace Hospicecare reported $31,112 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,389 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 1 year on file its reported administrative ratio rose from 0.05% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 476th-largest of 1,936 plans among Wisconsin employers on file, and the 2,176th of 11,911 in health care & social assistance. In 2023, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,597,994
Participants with balances788
Active participants872
Employer contributions$1,210,788
Employee contributions$2,738,310
Employer contribution per active participant$1,389
Average account balance$52,789
Benefits paid to participants$2,650,295
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPAS LLS
Plan history2
Yearassets · accounts · employer contribution
2023$41.6M · 788 accts · $1.2M emplr
2022$32.9M · 749 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,350
Investment management$25,762
Total administrative$31,112
Employer contributions to the Agrace Hospicecare plan · 2023
Employer contribution per active participant$1,389
Median for plans this size$2,440
2023$1,389 per active participant
2022$1,286 per active participant

Agrace Hospicecare's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$33,803

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$31,112 · 0.08%
2022$19,631 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Oakleaf Clinics, Inc. WI$49.2M · 0.45%
Bone & Joint Clinic, S.C. WI$44.6M · 0.31%
Hudson Physicians, Sc WI$42.8M · 0.20%
Prairie Ridge Health, Inc. WI$41.6M · 0.19%
My Choice Wisconsin, Inc. WI$41.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391319537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.