Plan Ledger DOL Form 5500 · updated monthly

Blue Ridge Hospice, Inc.403(b)

BLUE RIDGE HOSPICE RETIREMENT SAVINGS PLAN · WINCHESTER, VA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Blue Ridge Hospice, Inc. reported $43,873 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,233 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 1.02% to 0.54%. 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 Virginia (1,537th of 2,266), and 6,097th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 272 to 389 since 2022.

Plan summary
Net assets, end of year$8,881,900
Participants with balances359
Active participants389
Employer contributions$479,676
Employee contributions$1,064,494
Employer contribution per active participant$1,233
Average account balance$24,741
Benefits paid to participants$1,015,450
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRIFFITH & MAYS, A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 359 accts · $480K emplr
2023$7.4M · 308 accts · $384K emplr
2022$5.7M · 270 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,946
Investment management$21,927
Total administrative$43,873
The Blue Ridge Hospice, Inc. 401(k) match · 2024
Employer contribution per active participant$1,233
Median for plans this size$1,313
2024$1,233 per active participant
2023$1,100 per active participant
2022$1,512 per active participant

Blue Ridge Hospice, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$20,375
BUTTONWOOD WEALTH, LLC · Investment advisory (plan)$21,927

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023AMERICAN TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left Blue Ridge Hospice, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,873 · 0.54%
2023$70,615 · 1.08%
2022$59,072 · 1.02%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Beach Eye Care, Inc. VA$8.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541126227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.