Plan Ledger DOL Form 5500 · updated monthly

Brattleboro Memorial Hospital403(b)

BRATTLEBORO MEMORIAL HOSPITAL 403(B) PLAN · BRATTLEBORO, VT · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Brattleboro Memorial Hospital reported $98,640 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,472 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 0.27% to 0.24%. 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 39th-largest of 230 plans among Vermont employers on file, and the 2,016th of 11,911 in health care & social assistance. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$45,711,041
Participants with balances834
Active participants689
Employer contributions$3,081,090
Employee contributions$2,991,649
Employer contribution per active participant$4,472
Average account balance$54,809
Benefits paid to participants$3,340,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.7M · 834 accts · $3.1M emplr
2023$37.2M · 759 accts · $3.0M emplr
2022$27.9M · 501 accts · $193K emplr
Administrative expenses, itemized · 2024
Investment management$98,640
Total administrative$98,640
Employer contributions to the Brattleboro Memorial Hospital plan · 2024
Employer contribution per active participant$4,472
Median for plans this size$2,416
2024$4,472 per active participant
2023$4,403 per active participant
2022$288 per active participant

Brattleboro Memorial Hospital's 2024 employer contribution ran above the $2,416 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 · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$98,640
THE RICHARDS GROUP$10,445
BERRY DUNN MCNEIL AND PARKER LCL$9,675
FUTURE PLANNING ASSOCIATES, INC.$5,410

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$98,640 · 0.24%
2023$61,620 · 0.19%
2022$81,139 · 0.27%
All plans at this employer2
BRATTLEBORO MEMORIAL HOSPITAL MONEY PURCHASE PENSION PLAN AND TRUSTMoney purchase plan
BRATTLEBORO MEMORIAL HOSPITAL 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Gifford Health Care, Inc. VT$74.1M · 0.15%
Copley Health Systems, Inc. VT$51.1M · 0.12%
Brattleboro Retreat VT$43.0M · 0.38%
Springfield Hospital VT$38.7M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030107300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.