Plan Ledger DOL Form 5500 · updated monthly

Harrison Memorial Hospital401(k)

HARRISON MEMORIAL HOSPITAL 401(K) RETIREMENT PLAN · CYNTHIANA, KY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Harrison Memorial Hospital reported $68,122 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,431 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 0.30% to 0.27%. 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 239th-largest of 871 plans among Kentucky employers on file, and the 3,044th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 447 to 563 since 2022.

Plan summary
Net assets, end of year$26,364,501
Participants with balances327
Active participants563
Employer contributions$805,477
Employee contributions$1,416,681
Employer contribution per active participant$1,431
Average account balance$80,625
Benefits paid to participants$3,357,511
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 327 accts · $805K emplr
2023$23.6M · 338 accts · $737K emplr
2022$22.2M · 327 accts · $694K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,122
Total administrative$68,122
The Harrison Memorial Hospital 401(k) match · 2024
Employer contribution per active participant$1,431
Median for plans this size$2,416
2024$1,431 per active participant
2023$1,660 per active participant
2022$1,552 per active participant

Harrison Memorial Hospital's 2024 employer contribution ran below 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 · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$16,683
EDWARD JONES · Investment advisory (plan)indirect comp
KESTRA ADVISORY SRVCSindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$68,122 · 0.27%
2023$59,205 · 0.26%
2022$72,713 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Arrow Dental, PLLC KY$36.0M · 0.41%
Methodist Health, Inc. KY$30.0M · 0.25%
Pathways, Inc. KY$28.7M · 0.30%
Health Help, Inc. KY$24.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610420440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.