Plan Ledger DOL Form 5500 · updated monthly

Pomerene Hospital403(b)

POMERENE HOSPITAL 403(B) MATCH PLAN · MILLERSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Pomerene Hospital reported $103,507 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,515 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 0.68% to 0.75%. 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 1,647th-largest of 3,295 plans among Ohio employers on file, and the 4,607th of 11,911 in health care & social assistance. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 475 to 389 since 2022.

Plan summary
Net assets, end of year$14,380,334
Participants with balances524
Active participants389
Employer contributions$589,263
Employee contributions$1,007,640
Employer contribution per active participant$1,515
Average account balance$27,443
Benefits paid to participants$2,233,798
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 524 accts · $589K emplr
2023$13.2M · 573 accts · $569K emplr
2022$10.1M · 477 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,507
Total administrative$103,507
Employer contributions to the Pomerene Hospital plan · 2024
Employer contribution per active participant$1,515
Median for plans this size$2,416
2024$1,515 per active participant
2023$971 per active participant
2022$1,049 per active participant

Pomerene 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$103,506
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)indirect comp

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$103,507 · 0.75%
2023$82,708 · 0.71%
2022$72,046 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Mid-Ohio Foodbank OH$14.9M · 0.56%
Wayne Hospital Company OH$14.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311518658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.