Plan Ledger DOL Form 5500 · updated monthly

Katherine Shaw Bethea Hospital403(b)

KATHERINE SHAW BETHEA HOSPITAL RETIREMENT SAVINGS PLAN · DIXON, IL · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Katherine Shaw Bethea Hospital reported $86,779 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,441 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 rose from 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 553rd-largest of 3,702 plans among Illinois employers on file, and the 1,084th of 11,911 in health care & social assistance. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$102,370,570
Participants with balances1,203
Active participants905
Employer contributions$2,209,511
Employee contributions$4,093,203
Employer contribution per active participant$2,441
Average account balance$85,096
Benefits paid to participants$13,793,873
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$102.4M · 1,203 accts · $2.2M emplr
2022$91.9M · 816 accts · $2.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,502
Trustee / custodial$58,277
Total administrative$86,779
Employer contributions to the Katherine Shaw Bethea Hospital plan · 2023
Employer contribution per active participant$2,441
Median for plans this size$3,659
2023$2,441 per active participant
2022$2,354 per active participant

Katherine Shaw Bethea Hospital's 2023 employer contribution ran below the $3,659 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 · 20234
MIDLAND STATES BANK · Trustee · Participant communication$58,225
RETIREMENT DIRECT$28,554
CHARLES SCHWAB TRUST COMPANY · Custodial (securities)indirect comp

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

Administrative cost history2
2023$86,779 · 0.09%
2022$89,939 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Siu Physicians & Surgeons IL$112.6M · 0.02%
Osf Healthcare System IL$106.3M · 0.09%
Anderson Healthcare IL$93.9M · 0.17%
Anderson Healthcare IL$84.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361000540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.