Plan Ledger DOL Form 5500 · updated monthly

Ashtabula County Medical Center403(b)

ACMC SYSTEM SAVINGS INVESTMENT PLAN · ASHTABULA, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ashtabula County Medical Center reported $28,480 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,727 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 0.04% to 0.03%. 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 350th-largest of 3,295 plans among Ohio employers on file, and the 1,047th of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 1,244 to 1,488 since 2022.

Plan summary
Net assets, end of year$106,340,913
Participants with balances2,047
Active participants1,488
Employer contributions$2,570,013
Employee contributions$4,892,101
Employer contribution per active participant$1,727
Average account balance$51,950
Benefits paid to participants$8,333,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$106.3M · 2,047 accts · $2.6M emplr
2023$94.4M · 1,881 accts · $2.3M emplr
2022$79.4M · 1,869 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Investment management$31,473
Total administrative$28,480
Employer contributions to the Ashtabula County Medical Center plan · 2024
Employer contribution per active participant$1,727
Median for plans this size$3,635
2024$1,727 per active participant
2023$1,811 per active participant
2022$1,778 per active participant

Ashtabula County Medical Center'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,620
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,861

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$28,480 · 0.03%
2023$17,823 · 0.02%
2022$31,186 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Carestar, Inc. OH$115.8M · 0.09%
Marietta Memorial Hospital OH$111.1M · 0.28%
Avita Health System OH$104.6M · 0.12%
Medcentral Health System OH$104.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340726081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.