Plan Ledger DOL Form 5500 · updated monthly

The Silver Hill Hospital, Inc.DC plan

401(K) PROFIT SHARING PLAN OF THE SILVER HILL HOSPITAL, INC. · NEW CANAAN, CT · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

The Silver Hill Hospital, Inc. reported $5,733 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,334 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 0.02% to 0.40%. 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 442nd-largest of 1,106 plans among Connecticut employers on file, and the 2,884th of 11,911 in health care & social assistance. In 2022, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,594,918
Participants with balances715
Active participants425
Employer contributions$567,053
Employee contributions$1,611,646
Employer contribution per active participant$1,334
Average account balance$39,993
Benefits paid to participants$2,607,081
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 551 accts · $678K emplr
2023$25.0M · 539 accts · $600K emplr
2022$28.6M · 715 accts · $567K emplr
Employer contributions to the The Silver Hill Hospital, Inc. plan · 2022
Employer contribution per active participant$1,334
Median for plans this size$2,266
2024$1,552 per active participant
2023$1,411 per active participant
2022$1,334 per active participant

The Silver Hill Hospital, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$99,432 · 0.40%
2023$62,056 · 0.23%
2022$5,733 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Jewish Senior Services CT$32.0M · 0.51%
Optimus Health Care, Inc. CT$28.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060655139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.