Plan Ledger DOL Form 5500 · updated monthly

Pines Health Services403(b)

PINES HEALTH SERVICES 403(B) PLAN · CARIBOU, ME · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Pines Health Services reported $55,585 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $564 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 0.33% to 0.41%. 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 among the smaller plans on file in Maine (185th of 354), and the 4,579th of 11,911 in health care & social assistance. In 2024, employees put in $9.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,605,253
Participants with balances130
Active participants151
Employer contributions$85,199
Employee contributions$816,025
Employer contribution per active participant$564
Average account balance$112,348
Benefits paid to participants$496,692
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 130 accts · $85K emplr
2023$12.6M · 124 accts · $79K emplr
2022$10.3M · 123 accts · $24K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,086
Investment management$20,499
Total administrative$55,585
Employer contributions to the Pines Health Services plan · 2024
Employer contribution per active participant$564
Median for plans this size$2,416
2024$564 per active participant
2023$525 per active participant
2022$164 per active participant

Pines Health Services's 2024 employer contribution ran below the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$35,086
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$20,499

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$55,585 · 0.41%
2023$45,718 · 0.40%
2022$37,499 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Eyecare Medical Group ME$20.5M · 0.30%
Penquis C.A.P. Inc. ME$19.3M · 0.65%
Opportunity Alliance ME$18.1M · 0.52%
Community Concepts, Inc. ME$12.7M · 0.85%
Calais Community Hospital ME$12.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010376890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.