Plan Ledger DOL Form 5500 · updated monthly

Griffin Hospital403(b)

GRIFFIN HOSPITAL 403(B) RETIREMENT SAVINGS PLAN · DERBY, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Griffin Hospital reported $71,917 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,484 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 0.13% to 0.09%. 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 216th-largest of 1,106 plans among Connecticut employers on file, and the 1,233rd of 11,911 in health care & social assistance. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,548,451
Participants with balances2,751
Active participants1,585
Employer contributions$2,352,688
Employee contributions$6,607,547
Employer contribution per active participant$1,484
Average account balance$31,097
Benefits paid to participants$9,075,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.5M · 2,751 accts · $2.4M emplr
2023$71.0M · 2,624 accts · $2.6M emplr
2022$56.7M · 2,262 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,167
Investment management$3,750
Total administrative$71,917
Employer contributions to the Griffin Hospital plan · 2024
Employer contribution per active participant$1,484
Median for plans this size$3,635
2024$1,484 per active participant
2023$1,567 per active participant
2022$1,296 per active participant

Griffin Hospital's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$68,167
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$71,917 · 0.09%
2023$86,729 · 0.14%
2022$78,246 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Carecentrix, Inc. CT$112.2M · 0.08%
Apple Health Care, Inc. CT$86.4M · 0.15%
Connecticut Gi, P.C. CT$72.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060647014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.