Plan Ledger DOL Form 5500 · updated monthly

Hiawatha Community Hospital403(b)

AMBERWELL HEALTH 403(B) PLAN · HIAWATHA, KS · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Hiawatha Community Hospital reported $60,949 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $782 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 0.36% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 370th-largest of 828 plans among Kansas employers on file, and the 4,378th of 11,911 in health care & social assistance. In 2023, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,552,734
Participants with balances400
Active participants272
Employer contributions$212,607
Employee contributions$690,420
Employer contribution per active participant$782
Average account balance$38,882
Benefits paid to participants$1,104,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 378 accts · $223K emplr
2023$15.6M · 400 accts · $213K emplr
2022$13.7M · 382 accts · $368K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$60,949
Total administrative$60,949
Employer contributions to the Hiawatha Community Hospital plan · 2023
Employer contribution per active participant$782
Median for plans this size$2,440
2024$824 per active participant
2023$782 per active participant
2022$1,391 per active participant

Hiawatha Community Hospital's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment advisory (participants)$36,290
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$24,161

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$69,603 · 0.47%
2023$60,949 · 0.42%
2022$55,232 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Clara Barton Hospital KS$16.4M · 0.15%
The Eby Group, Inc. KS$16.0M · 0.51%
McPherson Hospital Inc. KS$16.0M · 0.92%
Root Laboratory, Inc. KS$15.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480577658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.