Plan Ledger DOL Form 5500 · updated monthly

Jennie Stuart Medical Center403(b)

JENNIE STUART MEDICAL CENTER 403(B) PLAN · HOPKINSVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Jennie Stuart Medical Center reported $129,833 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $950 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 0.35%. 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 169th-largest of 871 plans among Kentucky employers on file, and the 2,209th of 11,911 in health care & social assistance. In 2024, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,852,693
Participants with balances896
Active participants1,141
Employer contributions$1,084,297
Employee contributions$3,228,473
Employer contribution per active participant$950
Average account balance$45,595
Benefits paid to participants$2,599,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 896 accts · $1.1M emplr
2023$32.7M · 736 accts · $941K emplr
2022$25.7M · 541 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,055
Investment management$34,000
Trustee / custodial$10,778
Total administrative$129,833
Employer contributions to the Jennie Stuart Medical Center plan · 2024
Employer contribution per active participant$950
Median for plans this size$2,416
2024$950 per active participant
2023$838 per active participant
2022$698 per active participant

Jennie Stuart Medical Center'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 · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$85,690
PROCOURSE FIDUCIARY ADVISORS · Investment advisory (plan)$34,000
NEWPORT TRUST COMPANY · Claims processing · Custodial (securities)$10,778

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$129,833 · 0.35%
2023$108,114 · 0.37%
2022$99,502 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Springstone Health Opco LLC KY$47.0M · 0.28%
Associates in Dermatology KY$47.0M · 0.01%
Dismas Charities, Inc. KY$43.4M · 0.63%
Family Allergy Mso, LLC KY$37.2M · 0.26%
Arrow Dental, PLLC KY$36.0M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610482973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.