Plan Ledger DOL Form 5500 · updated monthly

Valley Hospice, Inc.403(b)

RETIREMENT PLAN OF VALLEY HOSPICE, INC. · RAYLAND, OH · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Valley Hospice, Inc. reported $3,425 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,291 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 0.12% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,543rd of 3,295), and 7,908th of 11,911 in health care & social assistance. In 2023, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,998,654
Participants with balances119
Active participants119
Employer contributions$153,623
Employee contributions$289,669
Employer contribution per active participant$1,291
Average account balance$42,005
Benefits paid to participants$213,978
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 209 accts · $175K emplr
2023$5.0M · 119 accts · $154K emplr
2022$4.1M · 192 accts · $150K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,425
Total administrative$3,425
Employer contributions to the Valley Hospice, Inc. plan · 2023
Employer contribution per active participant$1,291
Median for plans this size$1,308
2024$1,229 per active participant
2023$1,291 per active participant
2022$1,162 per active participant

Valley Hospice, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$5,462 · 0.11%
2023$3,425 · 0.08%
2022$5,492 · 0.12%
Similar plansHealth Care & Social Assistance · Ohio
Central Clinic, Inc. OH$5.1M · 0.10%
Commquest Services, Inc. OH$4.8M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341459104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.