Plan Ledger DOL Form 5500 · updated monthly

Colorado West Healthcare System dba Community Hospital403(b)

COMMUNITY HOSPITAL 403(B) PLAN · GRAND JUNCTION, CO · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Colorado West Healthcare System dba Community Hospital reported $207,203 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,182 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 0.29% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 177th-largest of 1,461 plans among Colorado employers on file, and the 1,442nd of 11,911 in health care & social assistance. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 1,258 to 1,425 since 2022.

Plan summary
Net assets, end of year$70,153,969
Participants with balances1,582
Active participants1,425
Employer contributions$3,109,100
Employee contributions$6,524,643
Employer contribution per active participant$2,182
Average account balance$44,345
Benefits paid to participants$5,752,780
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$70.2M · 1,582 accts · $3.1M emplr
2023$57.9M · 1,579 accts · $2.5M emplr
2022$45.1M · 1,426 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,203
Total administrative$207,203
Employer contributions to the Colorado West Healthcare System dba Community Hospital plan · 2024
Employer contribution per active participant$2,182
Median for plans this size$3,635
2024$2,182 per active participant
2023$1,925 per active participant
2022$1,814 per active participant

Colorado West Healthcare System dba Community Hospital's 2024 employer contribution ran below the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$207,203
EAGLE STRATEGIES, LLC · Investment advisory (plan)indirect comp
OSAIC WEALTH INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$207,203 · 0.32%
2023$156,877 · 0.30%
2022$137,821 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Valley View Hospital CO$74.7M · 0.09%
Paladina Health LLC CO$68.0M · 0.47%
U.S. Nursing Corporation CO$61.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840469270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.