Plan Ledger DOL Form 5500 · updated monthly

Columbia Memorial Hospital403(b)

COLUMBIA MEMORIAL HOSPITAL RETIREMENT PLAN · HUDSON, NY · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Columbia Memorial Hospital reported $190,971 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $207 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 0.54% to 0.57%. 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 1,786th-largest of 5,648 plans among New York employers on file, and the 2,505th of 11,911 in health care & social assistance. In 2024, employees put in $18.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,383,513
Participants with balances371
Active participants613
Employer contributions$127,002
Employee contributions$2,362,691
Employer contribution per active participant$207
Average account balance$92,678
Benefits paid to participants$6,230,432
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 371 accts · $127K emplr
2023$32.8M · 352 accts · $118K emplr
2022$29.6M · 351 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,470
Investment management$61,501
Total administrative$190,971
Employer contributions to the Columbia Memorial Hospital plan · 2024
Employer contribution per active participant$207
Median for plans this size$2,416
2024$207 per active participant
2023$179 per active participant
2022$185 per active participant

Columbia Memorial Hospital's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$129,470
HEALTHCARE COMMUNITY SECURITIES COR · Investment advisory (plan)$61,501

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$190,971 · 0.57%
2023$172,277 · 0.55%
2022$172,934 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · New York
All Metro Health Care NY$34.1M · 0.49%
Engel Burman Senior Housing NY$33.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.