Plan Ledger DOL Form 5500 · updated monthly

Day Kimball Hospital401(k)

DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN · PUTNAM, CT · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Day Kimball Hospital reported $229,972 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $854 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 270th-largest of 1,106 plans among Connecticut employers on file, and the 1,573rd of 11,911 in health care & social assistance. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,720,795
Participants with balances1,042
Active participants1,095
Employer contributions$935,125
Employee contributions$3,000,294
Employer contribution per active participant$854
Average account balance$59,233
Benefits paid to participants$6,405,020
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.7M · 1,042 accts · $935K emplr
2023$56.4M · 1,010 accts · $837K emplr
2022$48.3M · 996 accts · $841K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,764
Investment management$71,208
Total administrative$229,972
The Day Kimball Hospital 401(k) match · 2024
Employer contribution per active participant$854
Median for plans this size$3,635
2024$854 per active participant
2023$802 per active participant
2022$773 per active participant

Day Kimball Hospital's 2024 employer contribution ran below the $3,635 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
USI CONSULTING GROUP, INC. · Recordkeeping · Loan processing$158,764
USI ADVISORS, INC. · Investment advisory (plan)$71,208

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

Recordkeeper by year2
2024USI Consulting
2023HOOKER & HOLCOMBE RET SERVICES

This plan has changed recordkeepers within these filings. If you left Day Kimball Hospital before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$229,972 · 0.39%
2023$204,790 · 0.39%
2022$213,168 · 0.40%
All plans at this employer2
DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN401(k)
DAY KIMBALL HOSPITAL 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Connecticut Gi, P.C. CT$72.8M · 0.17%
Orthoconnecticut, PLLC CT$63.1M · 0.05%
Radiology Services, LLC CT$59.8M · 0.22%
Wheeler Clinic, Inc. CT$57.3M · 0.93%
Ivs Intermediate, LLC CT$55.3M · 0.20%
Gaylord Hospital, Inc. CT$51.0M · 0.29%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.