Plan Ledger DOL Form 5500 · updated monthly

Mary Washington Healthcare403(b)

MARY WASHINGTON HEALTHCARE 403(B) PLAN · FREDERICKSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Mary Washington Healthcare reported $297,552 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,380 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 0.12% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 91st-largest of 2,266 plans among Virginia employers on file, and the 393rd of 11,911 in health care & social assistance. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$400,337,449
Participants with balances4,405
Active participants3,066
Employer contributions$7,297,287
Employee contributions$24,752,059
Employer contribution per active participant$2,380
Average account balance$90,883
Benefits paid to participants$56,568,039
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$400.3M · 4,405 accts · $7.3M emplr
2023$322.8M · 3,986 accts · $6.7M emplr
2022$265.5M · 4,379 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$235,194
Investment management$45,350
Audit (IQPA)$17,008
Total administrative$297,552
Employer contributions to the Mary Washington Healthcare plan · 2024
Employer contribution per active participant$2,380
Median for plans this size$4,294
2024$2,380 per active participant
2023$2,121 per active participant
2022$2,052 per active participant

Mary Washington Healthcare's 2024 employer contribution ran below the $4,294 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
FID INV INST OPS CO · Loan processing$235,194
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$45,350
BAKER TILLY US, LLP · Accounting / audit · Consulting$17,008

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$297,552 · 0.08%
2023$329,592 · 0.11%
2022$352,072 · 0.12%
All plans at this employer2
MARY WASHINGTON HEALTHCARE 401(K) PLAN401(k)
MARY WASHINGTON HEALTHCARE 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Centra Health, Inc. VA$747.0M · 0.07%
Valley Health System VA$542.0M · 0.10%
Sentara Holdings, Inc. VA$435.4M · 0.08%
Sunrise Senior Living, LLC VA$360.1M · 0.49%
Patient First Corporation VA$286.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541240646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.