Plan Ledger DOL Form 5500 · updated monthly

The Hurley Clinic403(b)

THE HURLEY CLINIC 403(B) RETIREMENT PLAN · FLINT, MI · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

The Hurley Clinic reported $1,818 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,325 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 804th-largest of 2,619 plans among Michigan employers on file, and the 2,840th of 11,911 in health care & social assistance. In 2022, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,110,580
Participants with balances168
Active participants122
Employer contributions$527,695
Employee contributions$1,615,418
Employer contribution per active participant$4,325
Average account balance$173,277
Benefits paid to participants$1,311,845
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,818
Total administrative$1,818
Employer contributions to the The Hurley Clinic plan · 2022
Employer contribution per active participant$4,325
Median for plans this size$2,266

The Hurley Clinic's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,818 · 0.01%
Similar plansHealth Care & Social Assistance · Michigan
Grace Health MI$30.8M · 0.19%
Compass Healthcare PLC MI$30.5M · 0.19%
Redwood Dental Group MI$28.4M · 0.33%
Mendelson Orthopedics, P.C. MI$27.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383271451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.