Plan Ledger DOL Form 5500 · updated monthly

Hospice of the Panhandle, Inc.401(k)

HOSPICE OF THE PANHANDLE, INC. 401K PLAN · KEARNEYSVILLE, WV · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Hospice of the Panhandle, Inc. reported $46,387 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,810 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 rose from 0.66% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (182nd of 265), and 7,641st of 11,911 in health care & social assistance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 109 to 125 since 2022.

Plan summary
Net assets, end of year$5,471,081
Participants with balances156
Active participants125
Employer contributions$226,255
Employee contributions$328,787
Employer contribution per active participant$1,810
Average account balance$35,071
Benefits paid to participants$513,320
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$5.5M · 156 accts · $226K emplr
2023$4.9M · 148 accts · $233K emplr
2022$4.6M · 147 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,395
Investment management$28,992
Total administrative$46,387
The Hospice of the Panhandle, Inc. 401(k) match · 2024
Employer contribution per active participant$1,810
Median for plans this size$1,313
2024$1,810 per active participant
2023$1,991 per active participant
2022$1,599 per active participant

Hospice of the Panhandle, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
THE VANGUARD GROUP · Recordkeeping$17,890
ASCENSUS · Recordkeepingindirect comp
UNITED CAPITAL FINANCIAL ADVISORS · Investment advisory (participants)$20,387
LPL FINANCIAL RPCP · Investment advisory (participants)$8,606
TIGERS EYE BENEFITS CONSULTING · Plan administrator · Consulting$1,770

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

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Administrative cost history4
2025Not separately reported
2024$46,387 · 0.89%
2023$36,386 · 0.76%
2022$34,177 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 311011765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.