Plan Ledger DOL Form 5500 · updated monthly

Kissito Healthcare, Inc.401(k)

KISSITO HEALTHCARE 401(K) PLAN · ROANOKE, VA · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Kissito Healthcare, Inc. reported $13,790 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $537 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 0.20% to 0.21%. 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 Virginia (1,617th of 2,266), and 6,601st of 11,911 in health care & social assistance. In 2023, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,664,172
Participants with balances515
Active participants1,034
Employer contributions$555,757
Employee contributions$1,009,649
Employer contribution per active participant$537
Average account balance$14,882
Benefits paid to participants$752,867
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.7M · 515 accts · $556K emplr
2022$5.5M · 478 accts · $497K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,172
Investment management$618
Total administrative$13,790
The Kissito Healthcare, Inc. 401(k) match · 2023
Employer contribution per active participant$537
Median for plans this size$1,308
2023$537 per active participant
2022$524 per active participant

Kissito Healthcare, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$13,790

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$13,790 · 0.21%
2022$11,059 · 0.20%
Similar plansHealth Care & Social Assistance · Virginia
Masonic Home of Virginia VA$8.0M · 0.58%
SOAR365 VA$7.7M · 0.06%
St. Josephs Villa VA$7.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363666533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.