Plan Ledger DOL Form 5500 · updated monthly

Androscoggin Home Care and Hospice403(b)

ANDROSCOGGIN HOME CARE AND HOSPICE TAX SHELTERED ANNUITY PLAN · LEWISTON, ME · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Androscoggin Home Care and Hospice reported $124,956 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $567 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 2 years on file its reported administrative ratio rose from 0.35% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 91st-largest of 354 plans among Maine employers on file, and the 2,468th of 11,911 in health care & social assistance. In 2024, employees put in $5.46 for every $1.00 the employer contributed; active participation has grown from 662 to 874 since 2022.

Plan summary
Net assets, end of year$34,922,928
Participants with balances977
Active participants874
Employer contributions$495,335
Employee contributions$2,702,988
Employer contribution per active participant$567
Average account balance$35,745
Benefits paid to participants$5,053,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.9M · 977 accts · $495K emplr
2023$32.5M · 785 accts · $605K emplr
2022$27.8M · 772 accts · $991K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,956
Total administrative$124,956
Employer contributions to the Androscoggin Home Care and Hospice plan · 2024
Employer contribution per active participant$567
Median for plans this size$2,416
2024$567 per active participant
2023$900 per active participant
2022$1,497 per active participant

Androscoggin Home Care and Hospice's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$124,955
BDMP ASSURANCE, LLP · Accounting / auditindirect comp
VALMARK ADVISERS · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$124,956 · 0.37%
2023$111,926 · 0.37%
2022$104,911 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Spurwink Services, Inc. ME$34.8M · 0.48%
Sweetser ME$34.6M · 0.39%
New England Life Care, Inc. ME$30.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010227184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.