Plan Ledger DOL Form 5500 · updated monthly

Marietta Memorial Hospital403(b)

RETIREMENT PLUS OF MEMORIAL HEALTH SYSTEM HOSPITALS · MARIETTA, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Marietta Memorial Hospital reported $292,267 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. 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 fell from 0.58% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 340th-largest of 3,295 plans among Ohio employers on file, and the 1,018th of 11,911 in health care & social assistance. In 2024, employees put in $72592.66 for every $1.00 the employer contributed; active participation has grown from 2,810 to 3,386 since 2022.

Plan summary
Net assets, end of year$111,113,757
Participants with balances2,403
Active participants3,386
Employer contributions$113
Employee contributions$8,202,971
Employer contribution per active participant$0
Average account balance$46,240
Benefits paid to participants$9,105,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$111.1M · 2,403 accts · $113 emplr
2023$98.1M · 2,270 accts · $892K emplr
2022$81.2M · 2,203 accts · $856K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$292,267
Total administrative$292,267
Employer contributions to the Marietta Memorial Hospital plan · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2024$0 per active participant
2023$303 per active participant
2022$305 per active participant

Marietta Memorial Hospital's 2024 employer contribution ran below the $3,635 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 · 20246
NATIONWIDE · Recordkeeping · Securities brokerage$126,270
LATITUDE SERVICE COMPANY, INC · Other services$132,491
RAYMOND JAMES & ASSOCIATES INC · Insurance broker · Investment advisory (participants)$83,179
FIDUCIARY WISE, LLC · Plan administrator$34,384
PROACCOUNT · Investment advisory (participants)$30,519
TRUSTMONT FINANCIAL GROUP, INC. · Insurance broker · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$292,267 · 0.28%
2023$546,938 · 0.61%
2022$511,779 · 0.58%
All plans at this employer2
RETIREMENT PLUS OF MEMORIAL HEALTH SYSTEM HOSPITALS403(b)
MEMORIAL HEALTH SYSTEM HOSPITALS DEFINED CONTRIBUTION PLANProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Lima Memorial Health System OH$126.4M · 0.10%
Carestar, Inc. OH$115.8M · 0.09%
Avita Health System OH$104.6M · 0.12%
Medcentral Health System OH$104.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.