Plan Ledger DOL Form 5500 · updated monthly

Mesilla Valley Hospice, Inc.401(k)

MESILLA VALLEY HOSPICE, INC. 401(K) PLAN · LAS CRUCES, NM · plan year 2022

Reported admin expense ratio · 2022
0.96%

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

Mesilla Valley Hospice, Inc. reported $30,531 in plan administrative expenses for 2022: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $868 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (223rd of 290), and 9,310th of 11,911 in health care & social assistance. In 2022, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,922,662
Participants with balances87
Active participants84
Employer contributions$72,900
Employee contributions$241,550
Employer contribution per active participant$868
Average account balance$33,594
Benefits paid to participants$290,109
Plan auditUnmodified (clean) audit opinion
AuditorGIBSON, RUDDOCK, PATTERSON LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,531
Total administrative$30,531
The Mesilla Valley Hospice, Inc. 401(k) match · 2022
Employer contribution per active participant$868
Median for plans this size$1,114

Mesilla Valley Hospice, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,531 · 0.96%
Similar plansHealth Care & Social Assistance · New Mexico
Advantage Home Care, Inc. NM$3.8M · 0.96%
Tresco, Inc. NM$3.5M · 0.14%
Duke City Urgent Care LLC NM$2.1M · 0.04%
Basin Home Health, Inc. NM$2.1M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850302297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.