Plan Ledger DOL Form 5500 · updated monthly

Big Bend Hospice, Inc.403(b)

BIG BEND HOSPICE RETIREMENT PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Big Bend Hospice, Inc. reported $58,580 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,724 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 0.60% to 0.52%. 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 1,629th-largest of 3,644 plans among Florida employers on file, and the 5,268th of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 265 to 228 since 2022.

Plan summary
Net assets, end of year$11,567,487
Participants with balances209
Active participants228
Employer contributions$393,000
Employee contributions$923,097
Employer contribution per active participant$1,724
Average account balance$55,347
Benefits paid to participants$1,586,040
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 209 accts · $393K emplr
2023$10.8M · 223 accts · $462K emplr
2022$8.7M · 230 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,255
Investment management$34,325
Total administrative$58,580
Employer contributions to the Big Bend Hospice, Inc. plan · 2024
Employer contribution per active participant$1,724
Median for plans this size$2,416
2024$1,724 per active participant
2023$1,313 per active participant
2022$1,566 per active participant

Big Bend Hospice, 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
INDEPENDENT ADVISOR ALLIANCE · Investment advisory (plan)$28,667
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$6,843

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$58,580 · 0.52%
2023$59,806 · 0.61%
2022$54,955 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Sbk Capital, LLC FL$11.8M · 0.25%
Avante Group, Inc. FL$11.6M · 0.49%
Florida Cardiology, P.A. FL$11.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592328806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.