Plan Ledger DOL Form 5500 · updated monthly

Henry Mayo Newhall Hospital403(b)

HENRY MAYO NEWHALL MEMORIAL HOSPITAL & FOUNDATION RETIREMENT PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Henry Mayo Newhall Hospital reported $295,374 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,270 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 0.16% to 0.17%. 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 614th-largest of 9,483 plans among California employers on file, and the 698th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 1,283 to 1,851 since 2022.

Plan summary
Net assets, end of year$178,424,840
Participants with balances1,709
Active participants1,851
Employer contributions$4,200,889
Employee contributions$9,560,474
Employer contribution per active participant$2,270
Average account balance$104,403
Benefits paid to participants$17,690,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$178.4M · 1,709 accts · $4.2M emplr
2023$163.0M · 1,658 accts · $4.1M emplr
2022$136.3M · 1,697 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,870
Investment management$82,504
Total administrative$295,374
Employer contributions to the Henry Mayo Newhall Hospital plan · 2024
Employer contribution per active participant$2,270
Median for plans this size$3,635
2024$2,270 per active participant
2023$2,266 per active participant
2022$3,249 per active participant

Henry Mayo Newhall Hospital'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
TIAA · Recordkeeping · Pension consulting$212,710
SAGEVIEW ADVISORY GROUP, LLC · Pension consulting$82,504

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$295,374 · 0.17%
2023$249,442 · 0.17%
2022$232,193 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · California
Guardant Health, Inc. CA$193.0M · 0.04%
North East Medical Services CA$175.0M · 0.13%
Redlands Community Hospital CA$173.8M · 0.04%
Memorialcare Medical Group CA$163.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952821104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.