Plan Ledger DOL Form 5500 · updated monthly

Klamath Health Partnership Inc403(b)

KLAMATH HEALTH PARTNERSHIP INC PNTSA · KLAMATH FALLS, OR · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Klamath Health Partnership Inc reported $2,010 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $928 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 2 years on file its reported administrative ratio rose from 0.05% to 0.06%. 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 Oregon (802nd of 1,021), and 8,491st of 11,911 in health care & social assistance. In 2023, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 147 to 163 since 2022.

Plan summary
Net assets, end of year$4,091,834
Participants with balances135
Active participants163
Employer contributions$151,217
Employee contributions$328,641
Employer contribution per active participant$928
Average account balance$30,310
Benefits paid to participants$89,054
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 137 accts · $139K emplr
2023$4.1M · 135 accts · $151K emplr
2022$3.1M · 122 accts · $154K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,010
Total administrative$2,010
The Klamath Health Partnership Inc 401(k) match · 2023
Employer contribution per active participant$928
Median for plans this size$1,308
2024$1,185 per active participant
2023$928 per active participant
2022$1,046 per active participant

Klamath Health Partnership Inc's 2023 employer contribution ran below the $1,308 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 · 20231
VARIABLE ANNUITY LIFE INSURANCE CO$2,010

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

Administrative cost history3
2024$2,474 · 0.06%
2023$2,010 · 0.06%
2022$1,534 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Fora Health, Inc. OR$4.4M · 0.37%
Transition Projects, Inc. OR$4.3M · 0.57%
Mv Advancements OR$4.1M · 0.36%
Impact Nw OR$3.7M · 0.85%
Community Access Services OR$3.5M · 0.06%
Family Help and Wellness OR$2.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931230223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.