Plan Ledger DOL Form 5500 · updated monthly

Hannibal Regional Healthcare System, Inc.403(b)

HANNIBAL REGIONAL HOSPITAL RETIREMENT SAVINGS PLAN · HANNIBAL, MO · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Hannibal Regional Healthcare System, Inc. reported $317,164 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,918 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 0.41% to 0.26%. 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 154th-largest of 1,393 plans among Missouri employers on file, and the 877th of 11,911 in health care & social assistance. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 1,446 to 1,627 since 2022.

Plan summary
Net assets, end of year$129,578,822
Participants with balances1,941
Active participants1,627
Employer contributions$4,746,800
Employee contributions$8,012,460
Employer contribution per active participant$2,918
Average account balance$66,759
Benefits paid to participants$11,259,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.6M · 1,941 accts · $4.7M emplr
2023$111.4M · 1,881 accts · $4.3M emplr
2022$89.8M · 1,784 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,058
Investment management$188,106
Total administrative$317,164
Employer contributions to the Hannibal Regional Healthcare System, Inc. plan · 2024
Employer contribution per active participant$2,918
Median for plans this size$3,635
2024$2,918 per active participant
2023$2,752 per active participant
2022$2,714 per active participant

Hannibal Regional Healthcare System, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
TFB ADVISORS, LLC · Investment advisory (plan)$188,106

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$317,164 · 0.26%
2023$212,119 · 0.21%
2022$399,418 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Boone Health, Inc. MO$159.1M · 0.18%
Lake Regional Health System MO$116.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430662495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.