Plan Ledger DOL Form 5500 · updated monthly

The Washington Hospital403(b)

THE WASHINGTON HOSPITAL RETIREMENT & SAVINGS PLAN · WASHINGTON, PA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

The Washington Hospital reported $224,349 in plan administrative expenses for 2023: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,744 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 0.14% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 365th-largest of 3,651 plans among Pennsylvania employers on file, and the 805th of 11,911 in health care & social assistance. In 2023, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$146,049,341
Participants with balances2,357
Active participants1,539
Employer contributions$2,684,261
Employee contributions$7,286,838
Employer contribution per active participant$1,744
Average account balance$61,964
Benefits paid to participants$17,431,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.8M · 2,124 accts · $3.1M emplr
2023$146.0M · 2,357 accts · $2.7M emplr
2022$134.3M · 2,146 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$224,349
Total administrative$224,349
Employer contributions to the The Washington Hospital plan · 2023
Employer contribution per active participant$1,744
Median for plans this size$3,659
2024$1,975 per active participant
2023$1,744 per active participant
2022$1,750 per active participant

The Washington Hospital's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$224,348
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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$234,588 · 0.18%
2023$224,349 · 0.16%
2022$185,113 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Meadville Medical Center PA$167.9M · 0.16%
Mount Nittany Medical Center PA$165.8M · 0.20%
Spark Therapeutics, Inc. PA$164.7M · 0.06%
Merakey USA PA$155.3M · 0.40%
Health Partners Plans, Inc. PA$145.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.