Plan Ledger DOL Form 5500 · updated monthly

John T Mather Memorial Hospital403(b)

JOHN T MATHER MEMORIAL HOSPITAL CONTRIBUTION RETIREMENT PLAN · PORT JEFFERSON, NY · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

John T Mather Memorial Hospital reported $279,776 in plan administrative expenses for 2022: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,616 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 407th-largest of 5,648 plans among New York employers on file, and the 569th of 11,911 in health care & social assistance. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$238,150,627
Participants with balances3,643
Active participants2,696
Employer contributions$9,748,216
Employee contributions$13,007,627
Employer contribution per active participant$3,616
Average account balance$65,372
Benefits paid to participants$17,853,572
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $19K emplr
2022$238.2M · 3,643 accts · $9.7M emplr
Employer contributions to the John T Mather Memorial Hospital plan · 2022
Employer contribution per active participant$3,616
Median for plans this size$4,065

John T Mather Memorial Hospital's 2022 employer contribution ran below the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$279,776 · 0.11%
Similar plansHealth Care & Social Assistance · New York
Glens Falls Hospital NY$277.5M · 0.08%
The Brooklyn Hospital Center NY$274.7M · 0.14%
Ellis Hospital NY$268.7M · 0.25%
Samaritan Medical Center NY$209.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111639818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.