Plan Ledger DOL Form 5500 · updated monthly

Beebe Medical Center403(b)

BEEBE MEDICAL CENTER RETIREMENT PLUS PLAN · LEWES, DE · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Beebe Medical Center reported $297,472 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,262 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 0.12%. 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 21st-largest of 242 plans among Delaware employers on file, and the 533rd of 11,911 in health care & social assistance. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$267,873,360
Participants with balances3,832
Active participants2,909
Employer contributions$9,490,098
Employee contributions$18,138,712
Employer contribution per active participant$3,262
Average account balance$69,904
Benefits paid to participants$21,840,750
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$267.9M · 3,832 accts · $9.5M emplr
2023$230.0M · 3,860 accts · $9.0M emplr
2022$184.1M · 3,627 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$297,472
Total administrative$297,472
Employer contributions to the Beebe Medical Center plan · 2024
Employer contribution per active participant$3,262
Median for plans this size$3,635
2024$3,262 per active participant
2023$2,967 per active participant
2022$2,190 per active participant

Beebe Medical Center's 2024 employer contribution ran below the $3,635 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$297,472

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$297,472 · 0.12%
2023$278,168 · 0.13%
2022$292,058 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Delaware
Anesthesia Services, P.A. DE$117.7M · 0.13%
The Kendal Corporation DE$73.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510067938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.