Plan Ledger DOL Form 5500 · updated monthly

Auburn Community Hospital403(b)

THE AUBURN COMMUNITY HOSPITAL RETIREMENT SAVINGS PLAN · AUBURN, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Auburn Community Hospital reported $283,589 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,620 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 0.31% to 0.39%. 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 973rd-largest of 5,648 plans among New York employers on file, and the 1,323rd of 11,911 in health care & social assistance. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 1,232 to 1,429 since 2022.

Plan summary
Net assets, end of year$77,214,918
Participants with balances1,342
Active participants1,429
Employer contributions$2,314,876
Employee contributions$5,034,300
Employer contribution per active participant$1,620
Average account balance$57,537
Benefits paid to participants$7,692,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.2M · 1,342 accts · $2.3M emplr
2023$69.3M · 1,277 accts · $2.1M emplr
2022$61.3M · 1,162 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,115
Investment management$124,576
Total administrative$283,589
Employer contributions to the Auburn Community Hospital plan · 2024
Employer contribution per active participant$1,620
Median for plans this size$3,635
2024$1,620 per active participant
2023$1,587 per active participant
2022$1,437 per active participant

Auburn Community 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$23,085
MERRILL LYNCH · Consulting$124,576
LINCOLN NATIONAL CORPORATION · Contract administrator$59
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$283,589 · 0.39%
2023$208,725 · 0.32%
2022$203,518 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · New York
Olean General Hospital NY$81.5M · 0.38%
Urban Health Plan, Inc. NY$77.1M · 0.41%
Sdg Mgmt Company, LLC NY$76.6M · 0.24%
Oneida Healthcare Center NY$75.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 150532054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.