Virginia Gay Hospital401(k)
VIRGINIA GAY HOSPITAL 403(B) PLAN · VINTON, IA · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Virginia Gay Hospital reported $7,509 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $683 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 0.04%. 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 394th-largest of 878 plans among Iowa employers on file, and the 3,655th of 11,911 in health care & social assistance. In 2024, employees put in $4.59 for every $1.00 the employer contributed.
Virginia Gay Hospital'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 421231996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.