Plan Ledger DOL Form 5500 · updated monthly

Pikeville Medical Center, Inc.403(b)

RETIREMENT PLAN FOR EMPLOYEES OF PIKEVILLE MEDICAL CENTER, INC. · PIKEVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Pikeville Medical Center, Inc. reported $423,039 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,167 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 0.05% to 0.26%. 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 53rd-largest of 871 plans among Kentucky employers on file, and the 713th of 11,911 in health care & social assistance. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 2,943 to 3,432 since 2022.

Plan summary
Net assets, end of year$173,687,418
Participants with balances2,211
Active participants3,432
Employer contributions$4,003,604
Employee contributions$9,808,026
Employer contribution per active participant$1,167
Average account balance$78,556
Benefits paid to participants$11,537,586
Plan auditUnmodified (clean) audit opinion
AuditorPYA,P.C
Plan history3
Yearassets · accounts · employer contribution
2024$173.7M · 2,211 accts · $4.0M emplr
2023$151.6M · 2,149 accts · $3.8M emplr
2022$131.3M · 2,247 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$277,408
Investment management$99,723
Total administrative$423,039
Employer contributions to the Pikeville Medical Center, Inc. plan · 2024
Employer contribution per active participant$1,167
Median for plans this size$3,635
2024$1,167 per active participant
2023$1,367 per active participant
2022$1,334 per active participant

Pikeville Medical 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$277,408
ASSET STRATEGY CONSULTANTS LLC · Consulting · Investment advisory (plan)$98,755
ASSET STRATEGY RETIREMENT PLAN CONS · Investment advisory (plan)$33,241
PYA PC$13,293

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Pikeville Medical Center, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$423,039 · 0.26%
2023$208,213 · 0.15%
2022$79,985 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Atria Senior Living, Inc. KY$167.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610458376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.