Plan Ledger DOL Form 5500 · updated monthly

Gerald Champion Regional Medical Center401(k)

GERALD CHAMPION REGIONAL MEDICAL CENTER 401K PLAN · ALAMOGORDO, NM · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Gerald Champion Regional Medical Center reported $195,545 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,409 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 fell from 0.37% to 0.35%. 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 29th-largest of 290 plans among New Mexico employers on file, and the 1,686th of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,293,963
Participants with balances1,319
Active participants947
Employer contributions$2,280,867
Employee contributions$5,469,655
Employer contribution per active participant$2,409
Average account balance$43,437
Benefits paid to participants$12,024,455
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 1,319 accts · $2.3M emplr
2023$54.0M · 1,287 accts · $2.2M emplr
2022$42.7M · 1,219 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,625
Investment management$50,000
Total administrative$195,545
The Gerald Champion Regional Medical Center 401(k) match · 2024
Employer contribution per active participant$2,409
Median for plans this size$3,635
2024$2,409 per active participant
2023$2,025 per active participant
2022$1,906 per active participant

Gerald Champion Regional Medical Center's 2024 employer contribution ran below 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$50,000
UBS FINANCIAL SVCS INS AGCY INCindirect 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$195,545 · 0.35%
2023$134,866 · 0.28%
2022$173,043 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico

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Source: U.S. Department of Labor, Form 5500 series, EIN 850138775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.