Plan Ledger DOL Form 5500 · updated monthly

Mt Graham Regional Medical Center Inc.403(b)

MT. GRAHAM REGIONAL MEDICAL CENTER, INC.403(B) SAVINGS PLAN · SAFFORD, AZ · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mt Graham Regional Medical Center Inc. reported $81,736 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,104 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 rose from 0.30% to 0.32%. 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 290th-largest of 1,285 plans among Arizona employers on file, and the 2,909th of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 513 to 593 since 2022.

Plan summary
Net assets, end of year$28,141,924
Participants with balances671
Active participants593
Employer contributions$1,247,483
Employee contributions$2,084,853
Employer contribution per active participant$2,104
Average account balance$41,940
Benefits paid to participants$2,022,402
Plan auditUnmodified (clean) audit opinion
AuditorLUDWIG KLEWER & RUDNER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 671 accts · $1.2M emplr
2023$23.3M · 636 accts · $1.1M emplr
2022$18.4M · 602 accts · $896K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,736
Total administrative$81,736
Employer contributions to the Mt Graham Regional Medical Center Inc. plan · 2024
Employer contribution per active participant$2,104
Median for plans this size$2,416
2024$2,104 per active participant
2023$1,826 per active participant
2022$1,747 per active participant

Mt Graham Regional Medical Center Inc.'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.

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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$81,736
CETERA ADVISOR NETWORKS LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$81,736 · 0.32%
2023$63,556 · 0.30%
2022$59,703 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Marana Health Center, Inc. AZ$30.8M · 0.43%
Community Bridges, Inc. AZ$30.7M · 0.09%
Valley Ent, P.C. AZ$29.5M · 0.22%
Terros, Inc. AZ$25.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237094247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.