Plan Ledger DOL Form 5500 · updated monthly

Cibola General Hospital Corporation403(b)

CIBOLA GENERAL HOSPITAL 403(B) PLAN · GRANTS, NM · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Cibola General Hospital Corporation reported $105,106 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,544 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 5 years on file its reported administrative ratio rose from 0.54% to 1.13%. 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 the 137th-largest of 290 plans among New Mexico employers on file, and the 5,626th 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 195 to 276 since 2019.

Plan summary
Net assets, end of year$10,254,794
Participants with balances361
Active participants276
Employer contributions$702,068
Employee contributions$1,175,256
Employer contribution per active participant$2,544
Average account balance$28,407
Benefits paid to participants$1,213,268
Plan auditUnmodified (clean) audit opinion
Plan history6
Yearassets · accounts · employer contribution
2024$10.3M · 361 accts · $702K emplr
2023$8.3M · 330 accts · $655K emplr
2022$6.3M · 295 accts · $573K emplr
2021$6.0M · 212 accts · $504K emplr
2020$5.2M · 214 accts · $415K emplr
2019$3.9M · 184 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,106
Total administrative$105,106
Employer contributions to the Cibola General Hospital Corporation plan · 2024
Employer contribution per active participant$2,544
Median for plans this size$1,313
2024$2,544 per active participant
2023$2,578 per active participant
2022$2,330 per active participant
2021$3,649 per active participant
2020$3,880 per active participant

Cibola General Hospital Corporation'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.

Administrative cost history6
2024$105,106 · 1.13%
2023$70,109 · 0.96%
2022$55,385 · 0.90%
2021$52,450 · 0.94%
2020$40,822 · 0.90%
2019$21,107 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
Arca NM$16.5M · 0.67%
Youth Development, Inc. NM$16.4M · 0.31%
La Familia Medical Center NM$12.5M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850141285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.