What are the fees in the Grace Hospital 403(b) plan?

For plan year 2022, Grace Hospital reported $2,747 in plan administrative expenses, or 0.09% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Grace Hospital 401(k)?

The average participant account balance was $31,702 for plan year 2022, based on 86 accounts.

Grace Hospital403(b)

Name: Grace Hospital 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

GRACE HOSPITAL SAVINGS PLAN · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022

0.09%

Grace Hospital reported $2,747 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,907th of 3,295), and 9,472nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,726,358
Participants with balances86
Active participants69
Employer contributions—
Employee contributions$142,412
Employer contribution per active participant—
Average account balance$31,702
Benefits paid to participants$281,952
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLEN LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$2,747

Total administrative$2,747

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$2,747 · 0.09%

Similar plansHealth Care & Social Assistance · Ohio
Ohio District 5 Area Agency on Aging OH$3.0M · 1.70%
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Compass Family and Community Services OH$2.7M · 0.06%
Neighborhood Health Association, Inc. OH$2.7M · 1.16%
Wesleyan Senior Living OH$2.7M · 0.10%
Clermont Senior Services, Inc. OH$2.7M · 0.75%
Canton Christian Home, Inc. OH$2.7M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.