Plan Ledger DOL Form 5500 · updated monthly

Knox Community Hospital403(b)

KNOX COMMUNITY HOSPITAL TAX DEFERRED ANNUITY PLAN · MT VERNON, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Knox Community Hospital reported $64,615 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 638th-largest of 3,295 plans among Ohio employers on file, and the 1,799th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$52,450,931
Participants with balances1,372
Active participants1,378
Employer contributions$0
Employee contributions$4,652,757
Employer contribution per active participant$0
Average account balance$38,230
Benefits paid to participants$5,944,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.5M · 1,372 accts
2023$47.0M · 1,325 accts
2022$39.2M · 1,272 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,075
Investment management$57,540
Total administrative$64,615
Employer contributions to the Knox Community Hospital plan · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Knox Community Hospital's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$8,220
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$35,815
RT JONES CAPITAL EQUITIES MGMT INC · Investment advisory (participants) · Investment advisory (plan)$21,725

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,615 · 0.13%
2023$56,052 · 0.13%
2022$22,976 · 0.05%
All plans at this employer2
KNOX COMMUNITY HOSPITAL EMPLOYEES RETIREMENT PLANProfit-sharing plan
KNOX COMMUNITY HOSPITAL TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Hcf Management, Inc. OH$53.1M · 0.45%
The Bellevue Hospital OH$50.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310929576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.