Plan Ledger DOL Form 5500 · updated monthly

Highlands Hospital403(b)

HIGHLANDS HOSPITAL 403(B) PLAN · CONNELLSVILLE, PA · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Highlands Hospital reported $25,830 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,226 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,741st of 3,651), and 7,330th of 11,911 in health care & social assistance. In 2022, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,027,658
Participants with balances559
Active participants318
Employer contributions$389,953
Employee contributions$605,897
Employer contribution per active participant$1,226
Average account balance$10,783
Benefits paid to participants$735,923
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023—
2022$6.0M · 559 accts · $390K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,830
Total administrative$25,830
Employer contributions to the Highlands Hospital plan · 2022
Employer contribution per active participant$1,226
Median for plans this size$1,114

Highlands Hospital's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$25,830 · 0.40%
Similar plansHealth Care & Social Assistance · Pennsylvania
Malvern Health, Inc. PA$6.1M · 0.90%
Laurel View Village PA$6.0M · 0.23%
Shared Support Inc. PA$5.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251494705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.