Wayne County Hospital, Inc.401(k)
WAYNE COUNTY HOSPITAL 401(K) PROFIT SHARING PLAN · MONTICELLO, KY · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Wayne County Hospital, Inc. reported $1,838 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,440 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 1 year on file its reported administrative ratio rose from 0.02% to 0.03%. 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 Kentucky (584th of 871), and 7,071st of 11,911 in health care & social assistance. In 2023, employees put in $1.92 for every $1.00 the employer contributed.
Wayne County Hospital, Inc.'s 2023 employer contribution ran above 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 610847215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.