Plan Ledger DOL Form 5500 · updated monthly

George L. Mee Memorial Hospital403(b)

MEE MEMORIAL HOSPITAL 403(B) PLAN · KING CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

George L. Mee Memorial Hospital reported $44,466 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $824 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 0.53% to 0.60%. 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 California (6,115th of 9,483), and 6,590th of 11,911 in health care & social assistance. In 2024, employees put in $3.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,681,029
Participants with balances166
Active participants373
Employer contributions$307,434
Employee contributions$1,116,788
Employer contribution per active participant$824
Average account balance$46,271
Benefits paid to participants$1,591,155
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 166 accts · $307K emplr
2023$7.1M · 148 accts · $290K emplr
2022$5.3M · 128 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,528
Investment management$2,438
Total administrative$44,466
The George L. Mee Memorial Hospital 401(k) match · 2024
Employer contribution per active participant$824
Median for plans this size$1,313
2024$824 per active participant
2023$784 per active participant
2022$789 per active participant

George L. Mee Memorial Hospital's 2024 employer contribution ran below 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
FARMERS FINANCIAL SOLUTIONS, LLCindirect 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$44,466 · 0.60%
2023$36,564 · 0.59%
2022$27,631 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · California
Tlcs, Inc. CA$7.8M · 0.15%
Town and Country Manor CA$7.8M · 0.03%
Center for Human Services CA$7.7M · 0.66%
Rollinsnelson Grp, LLC CA$7.7M · 0.99%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941502014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.