Plan Ledger DOL Form 5500 · updated monthly

Hospice of Washington County, Inc.403(b)

403(B) THRIFT PLAN FOR HOSPICE OF WASHINGTON COUNTY, INC. · HAGERSTOWN, MD · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Hospice of Washington County, Inc. reported $24,303 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,182 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 0.45% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,223rd of 1,671), and 7,447th of 11,911 in health care & social assistance. In 2023, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,832,956
Participants with balances133
Active participants125
Employer contributions$147,749
Employee contributions$336,402
Employer contribution per active participant$1,182
Average account balance$43,857
Benefits paid to participants$215,786
Plan auditUnmodified (clean) audit opinion
AuditorALBRIGHT CRUMBACKER MOUL & ITELL
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 116 accts · $125K emplr
2023$5.8M · 133 accts · $148K emplr
2022$4.8M · 134 accts · $156K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,303
Total administrative$24,303
Employer contributions to the Hospice of Washington County, Inc. plan · 2023
Employer contribution per active participant$1,182
Median for plans this size$1,308
2024$1,084 per active participant
2023$1,182 per active participant
2022$1,179 per active participant

Hospice of Washington County, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20232
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$22,903
RBC CAPITAL MARKETS CORP · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,202 · 0.52%
2023$24,303 · 0.46%
2022$23,233 · 0.45%
Similar plansHealth Care & Social Assistance · Maryland
Richcroft, Inc. MD$6.0M · 0.04%
Wholistic Management Inc MD$5.8M · 1.06%
Community Living, Inc MD$5.8M · 0.09%
Weachieve Inc. MD$5.7M · 0.01%
Verbal Beginnings LLC MD$5.6M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521192068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.