Plan Ledger DOL Form 5500 · updated monthly

Hamilton Community Health NetwDC plan

EMPLOYEE BENEFIT PLAN OF HAMILTON COMMUNITY HEALTH NETWORK, INC. · FLINT, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Hamilton Community Health Netw reported $4,143 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,438 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 0.05% to 0.03%. 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 1,305th-largest of 2,619 plans among Michigan employers on file, and the 4,723rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves; active participation has grown from 157 to 182 since 2022.

Plan summary
Net assets, end of year$13,832,220
Participants with balances357
Active participants182
Employer contributions$625,746
Employee contributions$521,922
Employer contribution per active participant$3,438
Average account balance$38,746
Benefits paid to participants$838,957
Plan auditUnmodified (clean) audit opinion
AuditorQUAST JANKE & COMAPNY
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 357 accts · $626K emplr
2023$11.4M · 363 accts · $616K emplr
2022$9.1M · 373 accts · $637K emplr
Employer contributions to the Hamilton Community Health Netw plan · 2024
Employer contribution per active participant$3,438
Median for plans this size$2,416
2024$3,438 per active participant
2023$3,600 per active participant
2022$4,058 per active participant

Hamilton Community Health Netw's 2024 employer contribution ran above the $2,416 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$5,933

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$4,143 · 0.03%
2023$3,751 · 0.04%
2022$5,196 · 0.05%
Similar plansHealth Care & Social Assistance · Michigan
Forest Health Services, LLC MI$14.6M · 0.36%
Sunset Manor, Inc. MI$14.3M · 0.79%
Center for Family Health MI$14.0M · 0.67%
Great Lakes Eye Care PC MI$13.9M · 0.03%
Verdier Eye Center PLC MI$13.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382406558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.