Plan Ledger DOL Form 5500 · updated monthly

Ephraim McDowell Health403(b)

EMH RETIREMENT SAVINGS PLAN · DANVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ephraim McDowell Health reported $414,717 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $3,840 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 0.22%. 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 41st-largest of 871 plans among Kentucky employers on file, and the 633rd of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 1,695 to 1,967 since 2022.

Plan summary
Net assets, end of year$202,586,878
Participants with balances2,247
Active participants1,967
Employer contributions$7,552,529
Employee contributions$8,971,422
Employer contribution per active participant$3,840
Average account balance$90,159
Benefits paid to participants$14,755,155
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$202.6M · 2,247 accts · $7.6M emplr
2023$179.5M · 2,131 accts · $6.7M emplr
2022$156.2M · 2,028 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$414,717
Total administrative$414,717
Employer contributions to the Ephraim McDowell Health plan · 2024
Employer contribution per active participant$3,840
Median for plans this size$3,635
2024$3,840 per active participant
2023$3,593 per active participant
2022$3,348 per active participant

Ephraim McDowell Health'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$414,717
FORVIS · Accounting / auditindirect comp
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$414,717 · 0.22%
2023$388,784 · 0.23%
2022$361,531 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Uofl Health, Inc. KY$565.8M · 0.13%
New Lexington Clinic, P.S.C. KY$295.5M · 0.04%
Owensboro Health, Inc. KY$246.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610492356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.