Plan Ledger DOL Form 5500 · updated monthly

Sibley Memorial Hospital401(k)

SIBLEY MEMORIAL HOSPITAL 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Sibley Memorial Hospital reported $290,424 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,639 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 rose from 0.12% to 0.13%. 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 53rd-largest of 618 plans among District of Columbia employers on file, and the 591st of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 1,958 to 2,239 since 2022.

Plan summary
Net assets, end of year$228,480,516
Participants with balances2,858
Active participants2,239
Employer contributions$5,908,147
Employee contributions$11,876,474
Employer contribution per active participant$2,639
Average account balance$79,944
Benefits paid to participants$21,382,468
Plan auditUnmodified (clean) audit opinion
AuditorSB COMAPNY
Plan history3
Yearassets · accounts · employer contribution
2024$228.5M · 2,858 accts · $5.9M emplr
2023$204.8M · 2,694 accts · $5.6M emplr
2022$180.6M · 2,634 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$263,881
Investment management$15,833
Audit (IQPA)$10,710
Total administrative$290,424
The Sibley Memorial Hospital 401(k) match · 2024
Employer contribution per active participant$2,639
Median for plans this size$3,635
2024$2,639 per active participant
2023$2,714 per active participant
2022$2,702 per active participant

Sibley Memorial Hospital's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$263,881
CREATIVE PLANNING · Investment advisory (plan)$15,833
SB & COMPANY,LLC · Accounting / audit$10,710

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$290,424 · 0.13%
2023$260,474 · 0.14%
2022$241,417 · 0.12%
All plans at this employer2
SIBLEY MEMORIAL HOSPITAL 401(K) PLAN401(k)
SIBLEY MEMORIAL HOSPITAL 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · District of Columbia
Unity Health Care, Inc. DC$58.0M · 0.31%
Cw Financial Services LLC DC$34.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530196602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.