Plan Ledger DOL Form 5500 · updated monthly

Coastal Hospice, Inc.403(b)

403(B) THRIFT PLAN FOR EMPLOYEES OF COASTAL HOSPICE · SALISBURY, MD · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Coastal Hospice, Inc. reported $11,936 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $921 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 1 year on file its reported administrative ratio fell from 0.47% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,302nd of 1,671), and 8,063rd of 11,911 in health care & social assistance. In 2023, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,728,722
Participants with balances198
Active participants199
Employer contributions$183,280
Employee contributions$466,966
Employer contribution per active participant$921
Average account balance$23,882
Benefits paid to participants$734,353
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.7M · 198 accts · $183K emplr
2022$4.2M · 177 accts · $171K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,936
Total administrative$11,936
Employer contributions to the Coastal Hospice, Inc. plan · 2023
Employer contribution per active participant$921
Median for plans this size$1,308
2023$921 per active participant
2022$862 per active participant

Coastal Hospice, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$11,936

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

Administrative cost history2
2023$11,936 · 0.27%
2022$21,365 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Capital Care, Inc. MD$4.9M · 0.55%
Lower Shore Clinic, Inc. MD$4.8M · 1.23%
Pathways Inc. MD$4.7M · 0.53%
Closup I, Inc. MD$4.7M · 0.75%
Columbia Vantage House MD$4.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521214775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.