Plan Ledger DOL Form 5500 · updated monthly

Ella E. M. Brown Charitable Circle D/B/A Oaklawn Hospital403(b)

OAKLAWN TAX SHELTERED ANNUITY PLAN · MARSHALL, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ella E. M. Brown Charitable Circle D/B/A Oaklawn Hospital reported $90,921 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,565 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 0.109%. 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 322nd-largest of 2,619 plans among Michigan employers on file, and the 1,188th of 11,911 in health care & social assistance. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,514,701
Participants with balances1,174
Active participants1,100
Employer contributions$1,721,800
Employee contributions$4,916,996
Employer contribution per active participant$1,565
Average account balance$76,248
Benefits paid to participants$5,987,556
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.5M · 1,174 accts · $1.7M emplr
2023$76.9M · 1,123 accts · $751K emplr
2022$66.9M · 1,137 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,921
Total administrative$90,921
Employer contributions to the Ella E. M. Brown Charitable Circle D/B/A Oaklawn Hospital plan · 2024
Employer contribution per active participant$1,565
Median for plans this size$3,635
2024$1,565 per active participant
2023$676 per active participant
2022$517 per active participant

Ella E. M. Brown Charitable Circle D/B/A Oaklawn 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$90,921

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$90,921 · 0.11%
2023$80,121 · 0.11%
2022$80,751 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
University Physician Group MI$102.3M · 0.11%
Adg, LLC MI$98.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381368347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.