Plan Ledger DOL Form 5500 · updated monthly

Taos Health Systems, Incorporated403(b)

HOLY CROSS HOSPITAL RETIREMENT SAVINGS PLAN · TAOS, NM · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Taos Health Systems, Incorporated reported $120,797 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,220 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 0.52% to 0.47%. 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 56th-largest of 290 plans among New Mexico employers on file, and the 2,994th of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 468 to 533 since 2022.

Plan summary
Net assets, end of year$27,001,787
Participants with balances948
Active participants533
Employer contributions$650,310
Employee contributions$1,477,518
Employer contribution per active participant$1,220
Average account balance$28,483
Benefits paid to participants$2,009,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 948 accts · $650K emplr
2023$24.1M · 905 accts · $567K emplr
2022$22.3M · 857 accts · $509K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,797
Total administrative$120,797
Employer contributions to the Taos Health Systems, Incorporated plan · 2024
Employer contribution per active participant$1,220
Median for plans this size$2,416
2024$1,220 per active participant
2023$1,155 per active participant
2022$1,088 per active participant

Taos Health Systems, Incorporated'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 · 20241
VALIC RETIREMENT SERVICES CO. · Custodial (securities) · Investment management$120,797

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$120,797 · 0.47%
2023$112,906 · 0.49%
2022$122,496 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
La Clinica de Familia, Inc. NM$26.4M · 0.04%
Artesia General Hospital NM$21.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850289839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.