Plan Ledger DOL Form 5500 · updated monthly

Gateway Community Health Center, Inc.DC plan

403(B) THRIFT PLAN OF GATEWAY COMMUNITY HEALTH CENTER, INC. · LAREDO, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Gateway Community Health Center, Inc. reported $3,681 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,088 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 0.01% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (2,989th of 5,688), and the 5,554th of 11,911 in health care & social assistance. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,511,067
Participants with balances476
Active participants334
Employer contributions$697,470
Employee contributions$928,946
Employer contribution per active participant$2,088
Average account balance$22,082
Benefits paid to participants$621,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 476 accts · $697K emplr
2023$8.9M · 449 accts · $643K emplr
2022$6.2M · 436 accts · $546K emplr
Employer contributions to the Gateway Community Health Center, Inc. plan · 2024
Employer contribution per active participant$2,088
Median for plans this size$1,313
2024$2,088 per active participant
2023$1,869 per active participant
2022$1,622 per active participant

Gateway Community Health Center, Inc.'s 2024 employer contribution ran above the $1,313 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$5,172

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,681 · 0.04%
2023$2,449 · 0.03%
2022$802 · 0.01%
Similar plansHealth Care & Social Assistance · Texas
The Gladney Center TX$10.8M · 0.02%
Texas Neurology, P. A. TX$10.7M · 0.14%
Columbus Community Hospital TX$10.6M · 0.46%
Dynamic Access LLC TX$10.5M · 0.27%
Excelin Home Health, LLC TX$10.5M · 0.81%
Westminster Manor TX$10.4M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742553409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.