Plan Ledger DOL Form 5500 · updated monthly

Redington Fairview General Hospital403(b)

REDINGTON-FAIRVIEW GENERAL HOSPITAL 403(B) PLAN · SKOWHEGAN, ME · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Redington Fairview General Hospital reported $54,770 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $721 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 0.13% to 0.10%. 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 55th-largest of 354 plans among Maine employers on file, and the 1,621st of 11,911 in health care & social assistance. In 2024, employees put in $6.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,825,502
Participants with balances938
Active participants850
Employer contributions$613,052
Employee contributions$3,884,497
Employer contribution per active participant$721
Average account balance$63,780
Benefits paid to participants$4,444,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.8M · 938 accts · $613K emplr
2023$53.0M · 925 accts · $598K emplr
2022$43.8M · 873 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,784
Investment management$17,986
Total administrative$54,770
The Redington Fairview General Hospital 401(k) match · 2024
Employer contribution per active participant$721
Median for plans this size$3,635
2024$721 per active participant
2023$738 per active participant
2022$697 per active participant

Redington Fairview General Hospital'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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$36,784
GUIDANCE POINT RETIREMENT SVCS, LLC · Investment advisory (plan)$17,986

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$54,770 · 0.10%
2023$55,254 · 0.11%
2022$62,561 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Central Maine Healthcare ME$217.9M · 0.14%
Intermed, P A ME$170.2M · 0.07%
York Hospital ME$102.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010284446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.