Plan Ledger DOL Form 5500 · updated monthly

Hospice of Southern Maine403(b)

HOSPICE OF SOUTHERN MAINE RETIREMENT SAVINGS PLAN · SCARBOROUGH, ME · plan year 2025

Reported admin expense ratio · 2025
0.66%

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

Hospice of Southern Maine reported $58,629 in plan administrative expenses for 2025: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,470 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 3 years on file its reported administrative ratio fell from 0.72% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (227th of 354), and the 5,909th of 11,911 in health care & social assistance. In 2025, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,382,779
Participants with balances127
Active participants142
Employer contributions$208,792
Employee contributions$772,591
Employer contribution per active participant$1,470
Average account balance$73,880
Benefits paid to participants$1,269,476
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$9.4M · 127 accts · $209K emplr
2024$8.4M · 123 accts · $199K emplr
2023$7.4M · 124 accts · $190K emplr
2022$6.0M · 127 accts · $193K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$58,629
Total administrative$58,629
Employer contributions to the Hospice of Southern Maine plan · 2025
Employer contribution per active participant$1,470
Median for plans this size$1,464
2025$1,470 per active participant
2024$1,385 per active participant
2023$1,281 per active participant
2022$1,380 per active participant

Hospice of Southern Maine's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20256
VALMARK ADVISERS INC · Investment advisory (plan)$25,433
EMPOWER ADVISORY GROUP, LLC · Investment management$12,701
NBT BANK NA DBA TPA EXPERTS · Contract administrator$1,441
CARON & BLETZER, PLLC · Accounting / audit$601
DOWNEAST PENSION SERVICES INC · Contract administratorindirect comp

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

Administrative cost history4
2025$58,629 · 0.66%
2024$52,775 · 0.67%
2023$44,683 · 0.67%
2022$43,899 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Woodfords Family Services ME$9.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010540180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.