Plan Ledger DOL Form 5500 · updated monthly

Fairchild Medical Center403(b)

RETIREMENT ACCUMULATION PLAN FOR FAIRCHILD MEDICAL CENTER · YREKA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Fairchild Medical Center reported $39,874 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,127 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 0.081%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,732nd-largest of 9,483 plans among California employers on file, and the 1,830th of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,385,408
Participants with balances491
Active participants580
Employer contributions$1,233,708
Employee contributions$2,647,292
Employer contribution per active participant$2,127
Average account balance$104,655
Benefits paid to participants$5,075,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.4M · 491 accts · $1.2M emplr
2023$47.3M · 494 accts · $1.1M emplr
2022$42.5M · 481 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,874
Total administrative$39,874
Employer contributions to the Fairchild Medical Center plan · 2024
Employer contribution per active participant$2,127
Median for plans this size$2,416
2024$2,127 per active participant
2023$1,997 per active participant
2022$2,035 per active participant

Fairchild Medical Center's 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$39,874

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$39,874 · 0.08%
2023$32,400 · 0.07%
2022$39,176 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · California
Lifelong Medical Care CA$52.1M · 0.34%
Vision Partners LLC CA$50.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941623075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.