Plan Ledger DOL Form 5500 · updated monthly

Hospice of Henderson County, Inc.403(b)

HOSPICE OF HENDERSON COUNTY, INC. RETIREMENT PLAN · FLAT ROCK, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Hospice of Henderson County, Inc. reported $7,866 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $672 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 fell from 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,016th of 2,005), and the 5,203rd of 11,911 in health care & social assistance. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 405 to 446 since 2022.

Plan summary
Net assets, end of year$11,812,501
Participants with balances422
Active participants446
Employer contributions$299,924
Employee contributions$1,014,931
Employer contribution per active participant$672
Average account balance$27,992
Benefits paid to participants$766,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 422 accts · $300K emplr
2023$10.0M · 400 accts · $269K emplr
2022$7.8M · 381 accts · $254K emplr
Employer contributions to the Hospice of Henderson County, Inc. plan · 2024
Employer contribution per active participant$672
Median for plans this size$2,416
2024$672 per active participant
2023$628 per active participant
2022$628 per active participant

Hospice of Henderson County, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VALIC · Investment advisory (participants) · Loan processing$7,866

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$7,866 · 0.07%
2023$7,228 · 0.08%
2022$7,338 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Peak Resources, Inc. NC$11.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561252665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.