Mount Desert Island Hospital403(b)
MOUNT DESERT ISLAND HOSPITAL EMPLOYEE SAVINGS PLAN · BAR HARBOR, ME · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Mount Desert Island Hospital reported $60,847 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,357 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 $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 68th-largest of 354 plans among Maine employers on file, and the 1,885th of 11,911 in health care & social assistance. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 374 to 556 since 2022.
Mount Desert Island Hospital's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 010211797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.