Plan Ledger DOL Form 5500 · updated monthly

Hills & Dales General Hospital401(k)

HILLS AND DALES GENERAL HOSPITAL, INC. TAX DEFERRED RETIREMENT SAVINGS PLAN · CASS CITY, MI · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Hills & Dales General Hospital reported $18,794 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,081 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 fell from 0.22% to 0.12%. 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 1,117th-largest of 2,619 plans among Michigan employers on file, and the 3,985th of 11,911 in health care & social assistance. In 2023, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,930,212
Participants with balances661
Active participants492
Employer contributions$1,023,656
Employee contributions$1,787,056
Employer contribution per active participant$2,081
Average account balance$27,126
Benefits paid to participants$1,490,440
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$17.9M · 661 accts · $1.0M emplr
2022$14.4M · 510 accts · $781K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,790
Investment management$4
Total administrative$18,794
The Hills & Dales General Hospital 401(k) match · 2023
Employer contribution per active participant$2,081
Median for plans this size$2,440
2023$2,081 per active participant
2022$1,855 per active participant

Hills & Dales General Hospital's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$4
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect comp

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

Administrative cost history2
2023$18,794 · 0.12%
2022$34,815 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
McKenzie Memorial Hospital MI$18.1M · 0.28%
Hegira Health, Inc. MI$17.6M · 0.44%
Eaton Rapids Medical Center MI$17.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381619577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.