Plan Ledger DOL Form 5500 · updated monthly

Bath County Community Hospital, Inc.403(b)

BATH COMMUNITY HOSPITAL EMPLOYEES 403(B) RETIREMENT PLAN · HOT SPRINGS, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Bath County Community Hospital, Inc. reported $46,347 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,177 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 0.33% to 0.35%. 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 among the smaller plans on file in Virginia (1,221st of 2,266), and the 4,598th of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 204 to 232 since 2022.

Plan summary
Net assets, end of year$14,440,245
Participants with balances262
Active participants232
Employer contributions$505,142
Employee contributions$1,053,007
Employer contribution per active participant$2,177
Average account balance$55,115
Benefits paid to participants$1,002,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 262 accts · $505K emplr
2023$12.4M · 236 accts · $466K emplr
2022$10.6M · 231 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,347
Total administrative$46,347
Employer contributions to the Bath County Community Hospital, Inc. plan · 2024
Employer contribution per active participant$2,177
Median for plans this size$2,416
2024$2,177 per active participant
2023$2,166 per active participant
2022$2,141 per active participant

Bath County Community Hospital, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,346
PRINCIPAL SECURITIES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · 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$46,347 · 0.35%
2023$40,681 · 0.35%
2022$37,868 · 0.33%
Same employer
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Dentistry Vcu VA$14.8M · 0.43%
Neighborhood Health VA$14.3M · 0.52%
Asca Foundation VA$13.6M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540505913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.