Plan Ledger DOL Form 5500 · updated monthly

Laughlin Memorial Hospital403(b)

LAUGHLIN MEMORIAL HOSPITAL, INC. RETIREMENT PLAN · JOHNSON CITY, TN · plan year 2022

Reported admin expense ratio · 2022
0.03%

Laughlin Memorial Hospital reported $4,899 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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 0.03% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 638th-largest of 1,496 plans among Tennessee employers on file, and the 4,269th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$16,184,979
Participants with balances0
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$1,638,799
Plan auditUnmodified (clean) audit opinion
AuditorPYA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$15.1M · 305 accts
2022$16.2M
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,899
Total administrative$4,899
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 history3
2024Not separately reported
2023$8,697 · 0.06%
2022$4,899 · 0.03%
Similar plansHealth Care & Social Assistance · Tennessee
Caris Healthcare, LP TN$18.2M · 0.63%
Lifelinc Corporation TN$18.1M · 1.65%
Conrad/Pearson Clinic, P.C. TN$15.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620701119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.