Plan Ledger DOL Form 5500 · updated monthly

Hamilton Health Center401(k)

401(K) EMPLOYEE BENEFIT PLAN OF HAMILTON HEALTH CENTER · HARRISBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

Hamilton Health Center reported $43,185 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $1,243 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 rose from 0.71% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,723rd of 3,651), and 7,254th of 11,911 in health care & social assistance. In 2023, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,194,651
Participants with balances126
Active participants186
Employer contributions$231,110
Employee contributions$512,367
Employer contribution per active participant$1,243
Average account balance$49,164
Benefits paid to participants$695,129
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 134 accts · $268K emplr
2023$6.2M · 126 accts · $231K emplr
2022$5.2M · 130 accts · $216K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,185
Total administrative$43,185
The Hamilton Health Center 401(k) match · 2023
Employer contribution per active participant$1,243
Median for plans this size$1,308
2024$1,280 per active participant
2023$1,243 per active participant
2022$1,154 per active participant

Hamilton Health Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,185
S B H U LIFE AGENCY INC · Other servicesindirect 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$46,391 · 0.76%
2023$43,185 · 0.75%
2022$41,071 · 0.71%
All plans at this employer2
401(K) EMPLOYEE BENEFIT PLAN OF HAMILTON HEALTH CENTER401(k)
403(B) EMPLOYEE BENEFIT PLAN OF HAMILTON HEALTH CENTER403(b)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Adsc Holdings, Inc. PA$6.3M · 0.82%
Child Development, Inc. PA$6.3M · 0.05%
Homestead Village, Inc PA$6.2M · 0.48%
Malvern Health, Inc. PA$6.1M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231858363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.