Plan Ledger DOL Form 5500 · updated monthly

St. Bernard Hospital Foundation, Inc.403(b)

ST. BERNARD PARISH HOSPITAL RETIREMENT SAVINGS PLAN · CHALMETTE, LA · plan year 2024

Reported admin expense ratio · 2024
1.89%

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

St. Bernard Hospital Foundation, Inc. reported $68,267 in plan administrative expenses for 2024: 1.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,197 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 1.37% to 1.89%. 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 Louisiana (650th of 884), and 8,569th of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 96 to 120 since 2022.

Plan summary
Net assets, end of year$3,980,421
Participants with balances163
Active participants120
Employer contributions$143,610
Employee contributions$228,341
Employer contribution per active participant$1,197
Average account balance$24,420
Benefits paid to participants$30,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 163 accts · $144K emplr
2023$3.2M · 88 accts · $125K emplr
2022$2.6M · 149 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,267
Total administrative$68,267
Employer contributions to the St. Bernard Hospital Foundation, Inc. plan · 2024
Employer contribution per active participant$1,197
Median for plans this size$1,313
2024$1,197 per active participant
2023$1,153 per active participant
2022$1,146 per active participant

St. Bernard Hospital Foundation, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
VALIC RETIREMENT SERVICES CO. · Custodial (securities) · Investment advisory (participants)$68,252

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$68,267 · 1.89%
2023$39,828 · 1.38%
2022$36,883 · 1.37%
Similar plansHealth Care & Social Assistance · Louisiana
Union General Hospital LA$4.3M · 0.33%
Broadway Services Inc. LA$4.2M · 0.39%
Terrebonne Arc LA$3.6M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274511973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.