Plan Ledger DOL Form 5500 · updated monthly

Eastern Niagara Hospital, Inc.403(b)

EASTERN NIAGARA HOSPITAL 403(B) RETIREMENT PLAN · LOCKPORT, NY · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Eastern Niagara Hospital, Inc. reported $71,267 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,106 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 rose from 0.84% to 1.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,948th of 5,648), and 6,552nd of 11,911 in health care & social assistance. In 2022, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,750,012
Participants with balances341
Active participants328
Employer contributions$362,920
Employee contributions$552,327
Employer contribution per active participant$1,106
Average account balance$22,727
Benefits paid to participants$956,469
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$127K · 2 accts · $195K emplr
2022$7.8M · 341 accts · $363K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$56,274
Investment management$14,993
Total administrative$71,267
Employer contributions to the Eastern Niagara Hospital, Inc. plan · 2022
Employer contribution per active participant$1,106
Median for plans this size$1,114
2023$5,726 per active participant
2022$1,106 per active participant

Eastern Niagara Hospital, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$71,968 · 1.83%
2022$71,267 · 0.84%
Same employer
Similar plansHealth Care & Social Assistance · New York
Venture Together, Inc. NY$7.8M · 0.69%
Yorkmg, LLC NY$7.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161137084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.