Plan Ledger DOL Form 5500 · updated monthly

Bisbee Hospital Association Inc403(b)

COPPER QUEEN COMMUNITY HOSPITAL 403(B) PLAN · BISBEE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Bisbee Hospital Association Inc reported $119,083 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,914 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 1.04% to 1.10%. 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 521st-largest of 1,285 plans among Arizona employers on file, and the 5,141st of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 386 to 456 since 2022.

Plan summary
Net assets, end of year$12,050,315
Participants with balances416
Active participants456
Employer contributions$872,757
Employee contributions$1,461,789
Employer contribution per active participant$1,914
Average account balance$28,967
Benefits paid to participants$1,156,185
Plan auditUnmodified (clean) audit opinion
AuditorDS&B, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 416 accts · $873K emplr
2023$9.6M · 323 accts · $554K emplr
2022$7.2M · 223 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,209
Investment management$37,383
Audit (IQPA)$25,491
Total administrative$119,083
The Bisbee Hospital Association Inc 401(k) match · 2024
Employer contribution per active participant$1,914
Median for plans this size$2,416
2024$1,914 per active participant
2023$1,286 per active participant
2022$1,358 per active participant

Bisbee Hospital Association 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 · 20245
WIPFLI LLP · Recordkeeping · Loan processing$51,902
CREATIVE PLANNING HOLDCO, INC · Investment advisory (participants) · Investment advisory (plan)$36,526
MEUWISSEN, FLYGARE, KADRLIK, & ASSO · Accounting / audit$25,491
NOVA 401K ASSOCIATESindirect 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$119,083 · 1.10%
2023$71,869 · 0.86%
2022$79,474 · 1.04%
Similar plansHealth Care & Social Assistance · Arizona
La Paz Regional Hospital AZ$12.4M · 1.08%
Denova Collaborative Health AZ$12.1M · 1.02%
Recovery Innovations, Inc. AZ$11.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860334996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.