Plan Ledger DOL Form 5500 · updated monthly

Wayne Hospital CompanyMoney purchase plan

WAYNE HOSPITAL COMPANY PENSION PLAN · GREENVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Wayne Hospital Company reported $26,555 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,997 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 0.07% to 0.19%. 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 among the smaller plans on file in Ohio (1,660th of 3,295), and the 4,665th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$14,117,569
Participants with balances359
Active participants313
Employer contributions$625,133
Employee contributions$0
Employer contribution per active participant$1,997
Average account balance$39,325
Benefits paid to participants$1,797,770
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 359 accts · $625K emplr
2023$13.9M · 374 accts · $589K emplr
2022$12.8M · 375 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$795
Audit (IQPA)$25,760
Total administrative$26,555
Employer contributions to the Wayne Hospital Company plan · 2024
Employer contribution per active participant$1,997
Median for plans this size$2,416
2024$1,997 per active participant
2023$1,977 per active participant
2022$1,936 per active participant

Wayne Hospital Company'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 · 20242
BLUE & CO LLC · Accounting / audit$25,760
JPMORGAN INVEST HOLDINGS LLC$795

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$26,555 · 0.19%
2023$2,800 · 0.02%
2022$10,220 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Pomerene Hospital OH$14.4M · 0.75%
Compass Health Brands Corp OH$13.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344428598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.