Plan Ledger DOL Form 5500 · updated monthly

Hill Country Memorial Hospital403(b)

HILL COUNTRY MEMORIAL HOSPITAL 403(B) RETIREMENT PLAN · FREDERICKSBURG, TX · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Hill Country Memorial Hospital reported $222,800 in plan administrative expenses for 2022: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,632 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 1 year on file its reported administrative ratio rose from 0.51% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,252nd-largest of 5,688 plans among Texas employers on file, and the 2,257th of 11,911 in health care & social assistance. In 2022, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,526,793
Participants with balances824
Active participants671
Employer contributions$1,095,341
Employee contributions$2,957,926
Employer contribution per active participant$1,632
Average account balance$47,969
Benefits paid to participants$5,971,512
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Plan history2
Yearassets · accounts · employer contribution
2023$3K · 3 accts · $147K emplr
2022$39.5M · 824 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Investment management$135,879
Total administrative$222,800
Employer contributions to the Hill Country Memorial Hospital plan · 2022
Employer contribution per active participant$1,632
Median for plans this size$2,266

Hill Country Memorial Hospital's 2022 employer contribution ran below the $2,266 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
2023$150,232 · 0.76%
2022$222,800 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Urology San Antonio, P.A. TX$41.5M · 0.25%
Houston Metro Urology, P.A. TX$40.8M · 0.16%
Texas Retina Associates TX$40.3M · 0.06%
Urology Austin, PLLC TX$38.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 746083124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.