Plan Ledger DOL Form 5500 · updated monthly

Nicholas H. Noyes Memorial Hospital403(b)

NICHOLAS H. NOYES TAX SHELTERED SAVINGS PLAN · DANSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Nicholas H. Noyes Memorial Hospital reported $55,441 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,584 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 0.13% to 0.16%. 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 1,746th-largest of 5,648 plans among New York employers on file, and the 2,439th of 11,911 in health care & social assistance. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 491 to 566 since 2022.

Plan summary
Net assets, end of year$35,574,901
Participants with balances699
Active participants566
Employer contributions$896,531
Employee contributions$1,881,960
Employer contribution per active participant$1,584
Average account balance$50,894
Benefits paid to participants$4,292,448
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 699 accts · $897K emplr
2023$33.0M · 613 accts · $687K emplr
2022$29.6M · 624 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,441
Total administrative$55,441
Employer contributions to the Nicholas H. Noyes Memorial Hospital plan · 2024
Employer contribution per active participant$1,584
Median for plans this size$2,416
2024$1,584 per active participant
2023$1,304 per active participant
2022$1,183 per active participant

Nicholas H. Noyes Memorial 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.

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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$57,164
HEALTHCARE COMMUNITY SECURITIES · Contract administrator$26,386

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$55,441 · 0.16%
2023$66,707 · 0.21%
2022$42,835 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · New York
St. Anns Home for the Aged NY$36.0M · 0.39%
Cny Family Care, LLP NY$35.8M · 0.03%
Columbia Memorial Hospital NY$34.4M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 160743979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.