Plan Ledger DOL Form 5500 · updated monthly

Madison Community Hospital403(b)

MADISON COMMUNITY HOSPITAL TAX DEFERRED ANNUITY PLAN · MADISON, SD · plan year 2024

Reported admin expense ratio · 2024
0.09%

Madison Community Hospital reported $10,393 in plan administrative expenses for 2024: 0.09% 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 3 years on file its reported administrative ratio has held roughly steady near 0.090%. 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 among the smaller plans on file in South Dakota (122nd of 233), and the 5,083rd of 11,911 in health care & social assistance. active participation has shrunk from 273 to 228 since 2022.

Plan summary
Net assets, end of year$12,268,851
Participants with balances269
Active participants228
Employer contributions—
Employee contributions$1,002,746
Employer contribution per active participant—
Average account balance$45,609
Benefits paid to participants$1,000,844
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 269 accts
2023$9.7M · 273 accts
2022$8.0M · 274 accts
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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,306
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$9,087

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$10,393 · 0.09%
2023$9,499 · 0.11%
2022$7,336 · 0.09%
All plans at this employer2
MADISON COMMUNITY HOSPITAL EMPLOYEES' RETIREMENT PLANMoney purchase plan
MADISON COMMUNITY HOSPITAL TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Platte Health Center SD$14.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460228038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.