Plan Ledger DOL Form 5500 · updated monthly

Bertrand Chaffee Hospital, Inc.403(b)

BERTRAND CHAFFEE HOSPITAL 403 B RETIREMENT PLAN · SPRINGVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Bertrand Chaffee Hospital, Inc. reported $52,108 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,508 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 0.54% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,843rd of 5,648), and 6,247th of 11,911 in health care & social assistance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 192 to 217 since 2022.

Plan summary
Net assets, end of year$8,483,582
Participants with balances265
Active participants217
Employer contributions$544,222
Employee contributions$783,780
Employer contribution per active participant$2,508
Average account balance$32,014
Benefits paid to participants$2,077,877
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 265 accts · $544K emplr
2023$8.1M · 241 accts · $301K emplr
2022$6.5M · 222 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,058
Total administrative$52,108
Employer contributions to the Bertrand Chaffee Hospital, Inc. plan · 2024
Employer contribution per active participant$2,508
Median for plans this size$1,313
2024$2,508 per active participant
2023$1,512 per active participant
2022$666 per active participant

Bertrand Chaffee Hospital, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MML INSURANCE AGENCY, LLCindirect 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$52,108 · 0.63%
2023$44,217 · 0.61%
2022$41,489 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · New York
Urban Pathways, Inc. NY$8.5M · 0.02%
Care for the Homeless NY$8.5M · 0.83%
East End Hospice, Inc. NY$8.5M · 0.56%
Fpg Services, LLC NY$8.5M · 0.97%
Women in Need NY$8.5M · 1.93%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 160743921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.