Plan Ledger DOL Form 5500 · updated monthly

Ridgecrest Regional Hospital403(b)

RIDGECREST REGIONAL HOSPITAL SPECIAL CONTRIBUTORY TSA PENSION PLAN · RIDGECREST, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Ridgecrest Regional Hospital reported $228,797 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,624 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 0.75% to 0.48%. 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 1,774th-largest of 9,483 plans among California employers on file, and the 1,889th of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,494,849
Participants with balances747
Active participants773
Employer contributions$1,255,268
Employee contributions$2,697,986
Employer contribution per active participant$1,624
Average account balance$66,258
Benefits paid to participants$6,674,264
Plan auditUnmodified (clean) audit opinion
AuditorBAERG & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 747 accts · $1.3M emplr
2023$46.6M · 775 accts · $1.4M emplr
2022$39.6M · 780 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$228,797
Total administrative$228,797
Employer contributions to the Ridgecrest Regional Hospital plan · 2024
Employer contribution per active participant$1,624
Median for plans this size$2,416
2024$1,624 per active participant
2023$1,646 per active participant
2022$1,591 per active participant

Ridgecrest Regional 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 · 20244
NATIONWIDE · Recordkeeping · Other services$153,117
NATIONAL BENEFIT SERVICES, LLC · Recordkeeping · Other services$19,491
BRINKER CAPITAL INVESTMENTS · Other services$56,189
CAMBRIDGE INVESTMENT RESEARCH · Other servicesindirect comp

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

Recordkeeper by year2
2024NATIONAL BENEFIT SERVICES, LLC, Nationwide
2023NATIONAL BENEFIT SERVICES, LLC, Nationwide

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

Administrative cost history3
2024$228,797 · 0.48%
2023$336,812 · 0.78%
2022$312,976 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · California
Vision Partners LLC CA$50.9M · 0.35%
Jwch Institute, Inc. CA$49.1M · 0.05%
Sycamores CA$48.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952082686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.