Plan Ledger DOL Form 5500 · updated monthly

Russell County Hospital403(b)

RUSSELL COUNTY HOSPITAL RETIREMENT SAVINGS PLAN · RUSSELL SPRINGS, KY · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Russell County Hospital reported $97,295 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $773 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 0.85% to 0.70%. 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 362nd-largest of 871 plans among Kentucky employers on file, and the 4,489th of 11,911 in health care & social assistance. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 279 to 321 since 2022.

Plan summary
Net assets, end of year$15,028,802
Participants with balances349
Active participants321
Employer contributions$248,042
Employee contributions$929,327
Employer contribution per active participant$773
Average account balance$43,062
Benefits paid to participants$665,920
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 349 accts · $248K emplr
2023$12.9M · 389 accts · $297K emplr
2022$11.3M · 311 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,697
Investment management$36,598
Total administrative$97,295
Employer contributions to the Russell County Hospital plan · 2024
Employer contribution per active participant$773
Median for plans this size$2,416
2024$773 per active participant
2023$916 per active participant
2022$1,011 per active participant

Russell County Hospital's 2024 employer contribution ran below the $2,416 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 · 20243
EDWARD D JONES & CO LP · Investment advisory (plan)$35,138
EMPOWER ADVISORY GROUP, LLC · Investment management$1,460

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$97,295 · 0.70%
2023$85,283 · 0.70%
2022$108,949 · 0.85%
Same employer
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One Pediatrics, PLLC KY$15.5M · 0.25%
Versant Dental, PLLC KY$14.7M · 0.33%
Commonwealth Dental Group KY$14.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610965365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.