Plan Ledger DOL Form 5500 · updated monthly

King's Daughters Medical Center403(b)

KING'S DAUGHTERS' MEDICAL CENTER MATCHING CONTRIBUTION PLAN · ASHLAND, KY · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

King's Daughters Medical Center reported $506,859 in plan administrative expenses for 2022: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $727 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 51st-largest of 871 plans among Kentucky employers on file, and the 689th of 11,911 in health care & social assistance. In 2022, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$180,410,127
Participants with balances4,087
Active participants5,058
Employer contributions$3,675,548
Employee contributions$15,617,855
Employer contribution per active participant$727
Average account balance$44,142
Benefits paid to participants$13,821,205
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY, PSC
Administrative expenses, itemized · 2022
Professional / advisory$506,859
Total administrative$506,859
Employer contributions to the King's Daughters Medical Center plan · 2022
Employer contribution per active participant$727
Median for plans this size$3,449

King's Daughters Medical Center's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$506,859 · 0.26%
All plans at this employer2
KING'S DAUGHTERS' MEDICAL CENTER BASE CONTRIBUTION PLANProfit-sharing plan
KING'S DAUGHTERS' MEDICAL CENTER MATCHING CONTRIBUTION PLAN403(b)
Similar plansHealth Care & Social Assistance · Kentucky
Ephraim McDowell Health KY$202.6M · 0.22%
Atria Senior Living, Inc. KY$167.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610444716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.