Plan Ledger DOL Form 5500 · updated monthly

Van Wert County Hospital Association403(b)

VAN WERT COUNTY HOSPITAL-TAX DEFERRED 403(B) PLAN · VAN WERT, OH · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Van Wert County Hospital Association reported $65,593 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,036 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 0.56% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,645th-largest of 3,295 plans among Ohio employers on file, and the 4,604th of 11,911 in health care & social assistance. In 2024, employees put in $4.37 for every $1.00 the employer contributed; active participation has shrunk from 406 to 281 since 2022.

Plan summary
Net assets, end of year$14,393,727
Participants with balances341
Active participants281
Employer contributions$291,126
Employee contributions$1,273,349
Employer contribution per active participant$1,036
Average account balance$42,210
Benefits paid to participants$1,733,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 341 accts · $291K emplr
2023$13.2M · 358 accts · $318K emplr
2022$12.4M · 380 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,683
Investment management$33,910
Total administrative$65,593
Employer contributions to the Van Wert County Hospital Association plan · 2024
Employer contribution per active participant$1,036
Median for plans this size$2,416
2024$1,036 per active participant
2023$1,211 per active participant
2022$794 per active participant

Van Wert County Hospital Association's 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$33,910

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

Administrative cost history3
2024$65,593 · 0.47%
2023$61,867 · 0.48%
2022$72,815 · 0.56%
All plans at this employer2
VAN WERT COUNTY HOSPITAL PROFIT SHARING PLANProfit-sharing plan
VAN WERT COUNTY HOSPITAL-TAX DEFERRED 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Mid-Ohio Foodbank OH$14.9M · 0.56%
Pomerene Hospital OH$14.4M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 344429514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.