Plan Ledger DOL Form 5500 · updated monthly

New London Hospital403(b)

NEW LONDON HOSPITAL ASSOCIATION, INC. 403(B) PLAN · NEW LONDON, NH · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

New London Hospital reported $125,451 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. Employer contributions averaged $743 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 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 140th-largest of 411 plans among New Hampshire employers on file, and the 2,936th of 11,911 in health care & social assistance. In 2022, employees put in $3.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,707,152
Participants with balances750
Active participants644
Employer contributions$478,780
Employee contributions$1,857,544
Employer contribution per active participant$743
Average account balance$36,943
Benefits paid to participants$2,712,643
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023— · $1.8M emplr
2022$27.7M · 750 accts · $479K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$125,451
Total administrative$125,451
Employer contributions to the New London Hospital plan · 2022
Employer contribution per active participant$743
Median for plans this size$2,266

New London Hospital's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$125,451 · 0.41%
Similar plansHealth Care & Social Assistance · New Hampshire
The Riverwoods Group NH$22.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020222171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.