Plan Ledger DOL Form 5500 · updated monthly

Margaret Mary Community Hospital403(b)

MARGARET MARY HEALTH SAVINGS PLAN · BATESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Margaret Mary Community Hospital reported $136,074 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $609 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 0.12% to 0.33%. 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 328th-largest of 1,562 plans among Indiana employers on file, and the 2,138th of 11,911 in health care & social assistance. In 2024, employees put in $5.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,290,363
Participants with balances698
Active participants797
Employer contributions$485,651
Employee contributions$2,778,879
Employer contribution per active participant$609
Average account balance$60,588
Benefits paid to participants$5,049,189
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 698 accts · $486K emplr
2023$39.2M · 797 accts · $476K emplr
2022$33.6M · 808 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,074
Total administrative$136,074
Employer contributions to the Margaret Mary Community Hospital plan · 2024
Employer contribution per active participant$609
Median for plans this size$2,416
2024$609 per active participant
2023$616 per active participant
2022$651 per active participant

Margaret Mary 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 · 20245
LJI WEALTH MANAGEMENT · Investment advisory (plan)$22,883
AMERICAN PENSION ADVISORS · Contract administrator$11,321
ERISA SMART$8,135
EMPOWER ADVISORY GROUP, LLC · Investment management$941

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$136,074 · 0.33%
2023$152,911 · 0.42%
2022$40,792 · 0.12%
All plans at this employer2
MARGARET MARY HEALTH RETIREMENT PLANProfit-sharing plan
MARGARET MARY HEALTH SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Heart of Cardon LLC IN$36.7M · 0.79%
Indiana Spine Group, P.C. IN$36.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356067049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.