Plan Ledger DOL Form 5500 · updated monthly

Hospital General MenonitaProfit-sharing plan

PLAN DE RETIRO 1081.01(D) DEL HOSPITAL GENERAL MENONITA · CIDRA, PR · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Hospital General Menonita reported $144,736 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $342 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 1 year on file its reported administrative ratio fell from 0.54% to 0.45%. 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 42nd-largest of 323 plans among PR employers on file, and the 2,400th of 11,911 in health care & social assistance. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 4,610 to 5,151 since 2022.

Plan summary
Net assets, end of year$36,430,520
Participants with balances5,151
Active participants5,151
Employer contributions$1,762,899
Employee contributions$4,811,940
Employer contribution per active participant$342
Average account balance$7,073
Benefits paid to participants$1,738,130
Plan auditUnmodified (clean) audit opinion
AuditorFPV & GALINDEZ, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 5,151 accts · $1.8M emplr
2023$27.7M · 5,104 accts · $1.5M emplr
2022$19.1M · 4,610 accts · $1.2M emplr
Employer contributions to the Hospital General Menonita plan · 2024
Employer contribution per active participant$342
Median for plans this size$2,416
2024$342 per active participant
2023$288 per active participant
2022$271 per active participant

Hospital General Menonita'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.

Administrative cost history3
2024$144,736 · 0.45%
2023$127,309 · 0.54%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · PR
Grupo Hima San Pablo, Inc PR$40.3M · 0.42%
Fenwal International, Inc. PR$29.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660219758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.