Plan Ledger DOL Form 5500 · updated monthly

Morehouse Community Medical Center, Inc.403(b)

COMMUNIHEALTH 403(B) RETIREMENT PLAN · BASTROP, LA · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Morehouse Community Medical Center, Inc. reported $13,755 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $2,021 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 Louisiana (671st of 884), and 8,828th of 11,911 in health care & social assistance. In 2022, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,607,473
Participants with balances92
Active participants132
Employer contributions$266,793
Employee contributions$396,817
Employer contribution per active participant$2,021
Average account balance$39,212
Benefits paid to participants$73,911
Plan auditUnmodified (clean) audit opinion
AuditorII.HANNIS T. BOURGEOIS, LLP
Employer contributions to the Morehouse Community Medical Center, Inc. plan · 2022
Employer contribution per active participant$2,021
Median for plans this size$1,114

Morehouse Community Medical Center, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,755 · 0.38%
Similar plansHealth Care & Social Assistance · Louisiana
Broadway Services Inc. LA$4.2M · 0.39%
Terrebonne Arc LA$3.6M · 0.90%
Christwood LA$3.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820579411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.