Plan Ledger DOL Form 5500 · updated monthly

Stewart Memorial Community Hospital403(b)

STEWART MEMORIAL COMMUNITY HOSPITAL INTERNAL REVENUE CODE SECTION 403(B) · LAKE CITY, IA · plan year 2025

Reported admin expense ratio · 2025
0.53%

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

Stewart Memorial Community Hospital reported $147,519 in plan administrative expenses for 2025: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,297 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 4 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 292nd-largest of 878 plans among Iowa employers on file, and the 2,731st of 11,911 in health care & social assistance. In 2025, employees put in $4.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,524,639
Participants with balances334
Active participants280
Employer contributions$363,230
Employee contributions$1,547,456
Employer contribution per active participant$1,297
Average account balance$91,391
Benefits paid to participants$1,293,721
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$30.5M · 334 accts · $363K emplr
2024$25.5M · 310 accts · $393K emplr
2023$23.9M · 304 accts · $365K emplr
2022$21.0M · 306 accts · $302K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$147,519
Total administrative$147,519
Employer contributions to the Stewart Memorial Community Hospital plan · 2025
Employer contribution per active participant$1,297
Median for plans this size$2,666
2025$1,297 per active participant
2024$1,521 per active participant
2023$1,424 per active participant
2022$1,183 per active participant

Stewart Memorial Community Hospital's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$147,519
WELLS FARGO ADVISORS FIN NETWORK · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$147,519 · 0.53%
2024$139,581 · 0.56%
2023$125,392 · 0.56%
2022$119,423 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Wesleylife IA$38.8M · 0.33%
Care Initiatives IA$33.8M · 0.22%
Ob-Gyn Associates, P.C. IA$33.5M · 0.18%
Medtec LLC IA$30.5M · 0.23%
Community Health Care, Inc IA$27.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420860039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.