Plan Ledger DOL Form 5500 · updated monthly

Houlton Regional Hospital403(b)

HOULTON REGIONAL HOSPITAL 403(B) SAVINGS PLAN · HOULTON, ME · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Houlton Regional Hospital reported $61,135 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $134 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 fell from 0.28% to 0.25%. 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 122nd-largest of 354 plans among Maine employers on file, and the 3,193rd of 11,911 in health care & social assistance. In 2024, employees put in $18.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,619,675
Participants with balances253
Active participants355
Employer contributions$47,595
Employee contributions$871,616
Employer contribution per active participant$134
Average account balance$97,311
Benefits paid to participants$3,179,369
Plan auditUnmodified (clean) audit opinion
AuditorCHESTER M. KEARNEY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 253 accts · $48K emplr
2023$24.2M · 259 accts · $50K emplr
2022$20.8M · 302 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,290
Audit (IQPA)$12,845
Total administrative$61,135
Employer contributions to the Houlton Regional Hospital plan · 2024
Employer contribution per active participant$134
Median for plans this size$2,416
2024$134 per active participant
2023$132 per active participant

Houlton Regional Hospital'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.

Service providers · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$48,290
CHESTER M KEARNEY, PA · Accounting / audit$12,845

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

Administrative cost history3
2024$61,135 · 0.25%
2023$46,735 · 0.21%
2022$63,907 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Maine
New England Life Care, Inc. ME$30.1M · 0.50%
Maine Eye Center, P.A. ME$26.7M · 0.48%
Kennebec Behavioral Health ME$22.8M · 0.01%
Eyecare Medical Group ME$20.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237134386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.