Plan Ledger DOL Form 5500 · updated monthly

George Ade Memorial Healthcare Center403(b)

GEORGE ADE MEMORIAL HEALTHCARE CENTER MATCHING PLAN · BROOK, IN · plan year 2019

Reported admin expense ratio · 2019
0.17%

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

George Ade Memorial Healthcare Center reported $2,700 in plan administrative expenses for 2019: 0.17% of average plan assets, below the peer median. Employer contributions averaged $233 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,440th of 1,562), and 10,405th of 11,911 in health care & social assistance. In 2019, employees put in $3.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,572,961
Participants with balances30
Active participants79
Employer contributions$18,415
Employee contributions$65,031
Employer contribution per active participant$233
Average account balance$52,432
Benefits paid to participants$305,445
Plan auditDisclaimer of opinion
AuditorHUTH THOMPSON LLP
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$2,700
Total administrative$2,700
Employer contributions to the George Ade Memorial Healthcare Center plan · 2019
Employer contribution per active participant$233
Median for plans this size$892

George Ade Memorial Healthcare Center's 2019 employer contribution ran below the $892 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2019$2,700 · 0.17%
Similar plansHealth Care & Social Assistance · Indiana
McSherr, Inc. IN$1.7M · 0.40%
B&B Holdings Group, Inc. IN$1.6M · 1.52%
Community Healthnet Inc. IN$1.5M · 0.19%
Campagna Academy, Inc. IN$1.4M · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351842438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.