Plan Ledger DOL Form 5500 · updated monthly

Armstrong County Memorial Hospital403(b)

ACMH 403(B) DEFINED CONTRIBUTION PLAN · KITTANNING, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Armstrong County Memorial Hospital reported $98,162 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,475 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 fell from 0.15% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 587th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,343rd of 11,911 in health care & social assistance. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,056,791
Participants with balances1,209
Active participants945
Employer contributions$1,394,323
Employee contributions$4,013,905
Employer contribution per active participant$1,475
Average account balance$62,909
Benefits paid to participants$5,174,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.1M · 1,209 accts · $1.4M emplr
2023$67.1M · 1,167 accts · $1.4M emplr
2022$60.5M · 1,155 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,134
Investment management$4,028
Total administrative$98,162
Employer contributions to the Armstrong County Memorial Hospital plan · 2024
Employer contribution per active participant$1,475
Median for plans this size$3,635
2024$1,475 per active participant
2023$1,337 per active participant
2022$1,391 per active participant

Armstrong County Memorial Hospital's 2024 employer contribution ran below the $3,635 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$94,134
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$4,028

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$98,162 · 0.14%
2023$94,004 · 0.15%
2022$101,205 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Community Behavioral Health PA$79.2M · 0.50%
Wayne Memorial Hospital PA$78.8M · 0.32%
Elwyn PA$73.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.