Plan Ledger DOL Form 5500 · updated monthly

Northwest Hospital Center, Inc.403(b)

THE NORTHWEST HOSPITAL CENTER, INC. 403B MATCHING RETIREMENT PLAN · OWNINGS MILLS, MD · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Northwest Hospital Center, Inc. reported $129,260 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $471 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 fell from 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 163rd-largest of 1,671 plans among Maryland employers on file, and the 1,036th of 11,911 in health care & social assistance. In 2024, employees put in $6.43 for every $1.00 the employer contributed; active participation has grown from 1,935 to 2,467 since 2022.

Plan summary
Net assets, end of year$107,902,999
Participants with balances1,292
Active participants2,467
Employer contributions$1,161,243
Employee contributions$7,465,869
Employer contribution per active participant$471
Average account balance$83,516
Benefits paid to participants$18,755,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.9M · 1,292 accts · $1.2M emplr
2023$104.2M · 1,742 accts · $1.2M emplr
2022$90.7M · 1,674 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,465
Audit (IQPA)$8,090
Total administrative$129,260
Employer contributions to the Northwest Hospital Center, Inc. plan · 2024
Employer contribution per active participant$471
Median for plans this size$3,635
2024$471 per active participant
2023$639 per active participant
2022$598 per active participant

Northwest Hospital Center, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$72,137
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,174
RAYMOND JAMES AND ASSOCIATES INC · Investment advisory (plan)$13,499
CLIFTON LARSON ALLEN LLP · Accounting / audit$8,090
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect comp
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$129,260 · 0.12%
2023$192,215 · 0.20%
2022$143,290 · 0.14%
All plans at this employer2
NORTHWEST HOSPITAL CENTER, INC. MONEY PURCHASE PENSION PLAN AND TRUSTMoney purchase plan
THE NORTHWEST HOSPITAL CENTER, INC. 403B MATCHING RETIREMENT PLAN403(b)
Similar plansHealth Care & Social Assistance · Maryland
Novavax, Inc. MD$113.2M · 0.24%
Practice Dynamics Inc. MD$84.5M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521372665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.