Plan Ledger DOL Form 5500 · updated monthly

Montgomery Hospice403(b)

MONTGOMERY HOSPICE EMPLOYEE AND EMPLOYER CONTRIBUTION PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Montgomery Hospice reported $10,731 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $117 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 3 years on file its reported administrative ratio has held roughly steady near 0.059%. 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 680th-largest of 1,671 plans among Maryland employers on file, and the 3,844th of 11,911 in health care & social assistance. In 2024, employees put in $33.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,887,348
Participants with balances260
Active participants297
Employer contributions$34,700
Employee contributions$1,158,736
Employer contribution per active participant$117
Average account balance$72,644
Benefits paid to participants$1,570,641
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH AND MAYS
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 260 accts · $35K emplr
2023$17.4M · 263 accts · $179K emplr
2022$15.8M · 271 accts · $179K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,731
Total administrative$10,731
Employer contributions to the Montgomery Hospice plan · 2024
Employer contribution per active participant$117
Median for plans this size$2,416
2024$117 per active participant
2023$607 per active participant
2022$655 per active participant

Montgomery Hospice'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$10,731

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$10,731 · 0.06%
2023$11,759 · 0.07%
2022$10,797 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Essential Brands, Inc. MD$19.5M · 0.33%
The Arora Group, Inc. MD$17.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521114719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.