Plan Ledger DOL Form 5500 · updated monthly

Door County Memorial Hospital403(b)

DOOR COUNTY MEMORIAL HOSPITAL TAX DEFERRED ANNUITY PLAN · STURGEON BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Door County Memorial Hospital reported $216,313 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,674 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 0.16% to 0.19%. 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 198th-largest of 1,936 plans among Wisconsin employers on file, and the 932nd of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$120,772,879
Participants with balances1,056
Active participants784
Employer contributions$2,880,282
Employee contributions$4,517,211
Employer contribution per active participant$3,674
Average account balance$114,368
Benefits paid to participants$7,266,671
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$120.8M · 1,056 accts · $2.9M emplr
2023$108.0M · 1,024 accts · $2.7M emplr
2022$97.7M · 990 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,551
Investment management$75,000
Audit (IQPA)$12,762
Total administrative$216,313
Employer contributions to the Door County Memorial Hospital plan · 2024
Employer contribution per active participant$3,674
Median for plans this size$3,635
2024$3,674 per active participant
2023$3,607 per active participant
2022$3,466 per active participant

Door County Memorial Hospital's 2024 employer contribution ran above 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 · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator$128,551
GLOBAL RETIREMENT PARTNERS LLC · Consulting$75,000
WIPFLI, LLP · Accounting / audit$12,762

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$216,313 · 0.19%
2023$177,176 · 0.17%
2022$166,020 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Regional Enterprises, Inc. WI$137.7M · 0.13%
Forefront Dermatology, S.C. WI$131.2M · 0.29%
Fort Healthcare, Inc. WI$129.3M · 0.08%
Beloit Health System, Inc. WI$118.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390806324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.