Plan Ledger DOL Form 5500 · updated monthly

Washington County Mental Health Services, Inc.403(b)

WASHINGTON COUNTY MENTAL HEALTH SERVICES, INC. 403B PLAN · MONTPELIER, VT · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Washington County Mental Health Services, Inc. reported $22,237 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,586 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 0.15% to 0.08%. 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 68th-largest of 230 plans among Vermont employers on file, and the 2,912th of 11,911 in health care & social assistance. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,068,770
Participants with balances723
Active participants644
Employer contributions$1,021,310
Employee contributions$1,665,003
Employer contribution per active participant$1,586
Average account balance$38,823
Benefits paid to participants$2,960,005
Plan auditDisclaimer of opinion
AuditorKITTELL BRANAGAN & SARGENT
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 723 accts · $1.0M emplr
2023$25.0M · 723 accts · $895K emplr
2022$21.3M · 646 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,237
Total administrative$22,237
Employer contributions to the Washington County Mental Health Services, Inc. plan · 2024
Employer contribution per active participant$1,586
Median for plans this size$2,416
2024$1,586 per active participant
2023$1,383 per active participant

Washington County Mental Health Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
NEWPORT GROUP, INC. · Recordkeeping · Custodial (securities)$22,237

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,237 · 0.08%
2023$24,206 · 0.10%
2022$31,154 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Springfield Hospital VT$38.7M · 0.15%
Otis Health Care Center VT$26.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030215872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.