Plan Ledger DOL Form 5500 · updated monthly

Jennie M. Melham Memorial Medical Center403(b)

JENNIE M. MELHAM MEMORIAL MEDICAL CENTER 403B PLAN · BROKEN BOW, NE · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Jennie M. Melham Memorial Medical Center reported $120 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,691 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 0.00% to 0.01%. 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 Nebraska (390th of 565), and 6,177th of 11,911 in health care & social assistance. In 2023, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,670,897
Participants with balances118
Active participants113
Employer contributions$191,110
Employee contributions$366,746
Employer contribution per active participant$1,691
Average account balance$73,482
Benefits paid to participants$206,333
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 116 accts · $184K emplr
2023$8.7M · 118 accts · $191K emplr
2022$7.1M · 115 accts · $172K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$120
Total administrative$120
Employer contributions to the Jennie M. Melham Memorial Medical Center plan · 2023
Employer contribution per active participant$1,691
Median for plans this size$1,308
2024$1,704 per active participant
2023$1,691 per active participant
2022$1,607 per active participant

Jennie M. Melham Memorial Medical Center's 2023 employer contribution ran above 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 · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$120

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$480 · 0.01%
2023$120 · 0.00%
2022$360 · 0.00%
Similar plansHealth Care & Social Assistance · Nebraska
Nye Health Services NE$8.9M · 0.77%
Heritage HR LLC NE$8.7M · 0.91%
Titan Medical Group, LLC NE$8.0M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470426530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.