Plan Ledger DOL Form 5500 · updated monthly

Baptist Health Deaconess, LLC401(k)

BAPTIST HEALTH DEACONESS 401(K) PLAN · MADISONVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Baptist Health Deaconess, LLC reported $146,861 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,410 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 0.55% to 0.33%. 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 146th-largest of 871 plans among Kentucky employers on file, and the 1,927th of 11,911 in health care & social assistance. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,968,335
Participants with balances1,607
Active participants1,688
Employer contributions$4,067,818
Employee contributions$7,258,675
Employer contribution per active participant$2,410
Average account balance$29,850
Benefits paid to participants$8,358,503
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLEY
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 1,607 accts · $4.1M emplr
2023$40.2M · 1,703 accts · $3.5M emplr
2022$24.5M · 1,701 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,846
Investment management$18,015
Total administrative$146,861
The Baptist Health Deaconess, LLC 401(k) match · 2024
Employer contribution per active participant$2,410
Median for plans this size$2,416
2024$2,410 per active participant
2023$2,171 per active participant
2022$1,982 per active participant

Baptist Health Deaconess, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$128,846
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,015

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$146,861 · 0.33%
2023$162,000 · 0.50%
2022$133,926 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Hosparus, Inc. KY$53.2M · 0.41%
Seven Counties Services KY$50.5M · 0.30%
Springstone Health Opco LLC KY$47.0M · 0.28%
Associates in Dermatology KY$47.0M · 0.01%
Dismas Charities, Inc. KY$43.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872361058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.