Plan Ledger DOL Form 5500 · updated monthly

Hospital & Medical Foundation of Paris, Inc.403(b)

HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY PLAN · PARIS, IL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Hospital & Medical Foundation of Paris, Inc. reported $230,709 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,330 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 has held roughly steady near 0.645%. 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 the 1,110th-largest of 3,702 plans among Illinois employers on file, and the 2,264th of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 745 to 897 since 2022.

Plan summary
Net assets, end of year$39,378,593
Participants with balances680
Active participants897
Employer contributions$2,090,082
Employee contributions$3,335,955
Employer contribution per active participant$2,330
Average account balance$57,910
Benefits paid to participants$3,128,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · 680 accts · $2.1M emplr
2023$32.1M · 618 accts · $1.8M emplr
2022$24.7M · 535 accts · $816K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,320
Investment management$141,527
Total administrative$230,709
Employer contributions to the Hospital & Medical Foundation of Paris, Inc. plan · 2024
Employer contribution per active participant$2,330
Median for plans this size$2,416
2024$2,330 per active participant
2023$2,135 per active participant
2022$1,095 per active participant

Hospital & Medical Foundation of Paris, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
NORTH AMERICAN KTRADE ALLIANCE, LLC · Recordkeeping$72,494
CLS INVESTMENT FIRM, LLC · Investment advisory (plan)$141,527
LATITUDE SERVICE COMPANY, INC · Other services$16,862

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

Recordkeeper by year2
2024NORTH AMERICAN KTRADE ALLIANCE, LLC
2023NORTH AMERICAN KTRADE ALLIANCE, LLC

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

Administrative cost history3
2024$230,709 · 0.65%
2023$180,773 · 0.64%
2022$164,581 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Start Early IL$41.6M · 0.29%
Enlivant Aid Es, LLC IL$37.3M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370860281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.