Plan Ledger DOL Form 5500 · updated monthly

River Hospital, Inc.403(b)

RIVER HOSPITAL, INC. 403(B) PLAN · ALEXANDRIA BAY, NY · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

River Hospital, Inc. reported $60,959 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $476 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 3 years on file its reported administrative ratio has held roughly steady near 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,200th of 5,648), and 7,160th of 11,911 in health care & social assistance. In 2024, employees put in $5.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,388,313
Participants with balances163
Active participants264
Employer contributions$125,795
Employee contributions$693,809
Employer contribution per active participant$476
Average account balance$39,192
Benefits paid to participants$815,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 163 accts · $126K emplr
2023$5.7M · 155 accts · $131K emplr
2022$4.2M · 153 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,789
Investment management$51,170
Total administrative$60,959
Employer contributions to the River Hospital, Inc. plan · 2024
Employer contribution per active participant$476
Median for plans this size$1,313
2024$476 per active participant
2023$524 per active participant
2022$471 per active participant

River Hospital, Inc.'s 2024 employer contribution ran below the $1,313 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
BENEFIT PLANS ADMINISTRATIVE SVC · Recordkeeping · Loan processing$30,692
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$30,247

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVC
2023BENEFIT PLANS ADMINISTRATIVE SVC

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

Administrative cost history3
2024$60,959 · 1.01%
2023$49,444 · 1.00%
2022$40,888 · 0.98%
Same employer
Similar plansHealth Care & Social Assistance · New York

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Source: U.S. Department of Labor, Form 5500 series, EIN 810600548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.