Plan Ledger DOL Form 5500 · updated monthly

Clayton Health Systems, Inc. dba Union County General Hospital403(b)

SECTION 403(B) RETIREMENT PLAN FOR EMPLOYEES OF CLAYTON HEALTH SYSTEMS · CLAYTON, NM · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Clayton Health Systems, Inc. dba Union County General Hospital reported $45,793 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,457 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 0.93% to 1.30%. 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 New Mexico (207th of 290), and 8,722nd of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,751,660
Participants with balances99
Active participants86
Employer contributions$125,319
Employee contributions$273,235
Employer contribution per active participant$1,457
Average account balance$37,896
Benefits paid to participants$216,439
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 99 accts · $125K emplr
2023$3.3M · 94 accts · $125K emplr
2022$2.8M · 96 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,071
Total administrative$45,793
Employer contributions to the Clayton Health Systems, Inc. dba Union County General Hospital plan · 2024
Employer contribution per active participant$1,457
Median for plans this size$1,313
2024$1,457 per active participant
2023$1,598 per active participant
2022$1,505 per active participant

Clayton Health Systems, Inc. dba Union County General Hospital's 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Loan processing$21,033
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$45,793 · 1.30%
2023$20,996 · 0.69%
2022$28,040 · 0.93%
Similar plansHealth Care & Social Assistance · New Mexico
Enmrsh, Inc. NM$4.0M · 0.06%
Carc, Inc. NM$3.8M · 1.15%
Advantage Home Care, Inc. NM$3.8M · 0.96%
Tresco, Inc. NM$3.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850442957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.