Pennock Hospital401(k)
PENNOCK HOSPITAL 401(A) RETIREMENT PLAN · HASTINGS, MI · plan year 2018
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Pennock Hospital reported $18,920 in plan administrative expenses for 2018: 0.38% of average plan assets, above the peer median. Employer contributions averaged -$26 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 $1M–$10M size bracket, benchmarked here against 122 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,572nd of 2,619), and 11,565th of 11,911 in health care & social assistance.
Pennock Hospital's 2018 employer contribution ran below the $880 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.
Annual cost at the plan's reported 2018 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 381360562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.