Plan Ledger DOL Form 5500 · updated monthly

The Moses H. Cone Memorial Hospital Operating Corporation403(b)

THE MOSES H. CONE MEMORIAL HOSPITAL VOLUNTARY SAVINGS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Moses H. Cone Memorial Hospital Operating Corporation reported $356,362 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,997 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 0.05% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 27th-largest of 2,005 plans among North Carolina employers on file, and the 111th of 11,911 in health care & social assistance. In 2024, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,624,544,920
Participants with balances18,917
Active participants13,920
Employer contributions$27,802,882
Employee contributions$83,026,102
Employer contribution per active participant$1,997
Average account balance$85,878
Benefits paid to participants$136,982,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 18,917 accts · $27.8M emplr
2023$1.5B · 19,040 accts · $27.7M emplr
2022$1.2B · 18,691 accts · $27.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$356,362
Total administrative$356,362
Employer contributions to the The Moses H. Cone Memorial Hospital Operating Corporation plan · 2024
Employer contribution per active participant$1,997
Median for plans this size$5,259
2024$1,997 per active participant
2023$2,047 per active participant
2022$2,016 per active participant

The Moses H. Cone Memorial Hospital Operating Corporation's 2024 employer contribution ran below the $5,259 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$887
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$352,310

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$356,362 · 0.02%
2023$414,532 · 0.03%
2022$716,470 · 0.05%
All plans at this employer2
DEFINED CONTRIBUTION RETIREMENT PLAN OF MOSES CONE HEALTH SYSTEM401(k)
THE MOSES H. CONE MEMORIAL HOSPITAL VOLUNTARY SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Novant Health, Inc. NC$2.5B · 0.11%
Wakemed NC$1.4B · 0.10%
Fortrea Inc. NC$606.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581588823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.