Plan Ledger DOL Form 5500 · updated monthly

Redlands Community Hospital403(b)

REDLANDS COMMUNITY HOSPITAL PLUS PROGRAM · REDLANDS, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Redlands Community Hospital reported $70,767 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,742 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 0.07% to 0.04%. 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 626th-largest of 9,483 plans among California employers on file, and the 710th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,819,226
Participants with balances1,599
Active participants1,627
Employer contributions$2,834,561
Employee contributions$9,949,959
Employer contribution per active participant$1,742
Average account balance$108,705
Benefits paid to participants$13,858,797
Plan auditUnmodified (clean) audit opinion
AuditorSOREN MCADAM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$173.8M · 1,599 accts · $2.8M emplr
2023$154.8M · 1,662 accts · $2.9M emplr
2022$137.7M · 1,693 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,767
Total administrative$70,767
Employer contributions to the Redlands Community Hospital plan · 2024
Employer contribution per active participant$1,742
Median for plans this size$3,635
2024$1,742 per active participant
2023$1,744 per active participant
2022$1,584 per active participant

Redlands Community 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 · 20242
FID INV INST OPS CO · Recordkeeping · Loan processing$68,545
LINCOLN NATIONAL CORPORATION · Contract administrator$2,225

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

Recordkeeper by year2
2024Fidelity
2023Fidelity, Transamerica

This plan has changed recordkeepers within these filings. If you left Redlands Community Hospital 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$70,767 · 0.04%
2023$85,358 · 0.06%
2022$108,269 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · California
Henry Mayo Newhall Hospital CA$178.4M · 0.17%
North East Medical Services CA$175.0M · 0.13%
Memorialcare Medical Group CA$163.5M · 0.14%
Marshall Medical Center CA$160.7M · 0.16%
Bass Medical Group, Inc. CA$160.0M · 0.17%
Aids Healthcare Foundation CA$158.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951643347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.