Plan Ledger DOL Form 5500 · updated monthly

Guernsey Health Systems403(b)

GUERNSEY HEALTH SYSTEMS 403(B) SAVINGS PLAN · CAMBRIDGE, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Guernsey Health Systems reported $83,273 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $683 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 987th-largest of 3,295 plans among Ohio employers on file, and the 2,810th of 11,911 in health care & social assistance. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,593,946
Participants with balances1,374
Active participants685
Employer contributions$467,634
Employee contributions$1,426,044
Employer contribution per active participant$683
Average account balance$21,539
Benefits paid to participants$1,545,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 1,374 accts · $468K emplr
2023$25.9M · 1,002 accts · $455K emplr
2022$22.0M · 1,283 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,273
Total administrative$83,273
Employer contributions to the Guernsey Health Systems plan · 2024
Employer contribution per active participant$683
Median for plans this size$2,416
2024$683 per active participant
2023$647 per active participant
2022$689 per active participant

Guernsey Health Systems's 2024 employer contribution ran below the $2,416 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 · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$83,273

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$83,273 · 0.30%
2023$70,385 · 0.29%
2022$69,998 · 0.29%
Similar plansHealth Care & Social Assistance · Ohio
Eye Care Associates Inc. OH$30.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311148352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.