Plan Ledger DOL Form 5500 · updated monthly

Wayne Memorial Hospital, Inc.403(b)

WAYNE UNC 403(B) PLAN · GOLDSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.32%

Wayne Memorial Hospital, Inc. reported $259,061 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.323%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 234th-largest of 2,005 plans among North Carolina employers on file, and the 1,244th of 11,911 in health care & social assistance. active participation has grown from 1,567 to 1,733 since 2022.

Plan summary
Net assets, end of year$84,890,474
Participants with balances2,231
Active participants1,733
Employer contributions—
Employee contributions$7,094,849
Employer contribution per active participant—
Average account balance$38,050
Benefits paid to participants$7,327,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.9M · 2,231 accts
2023$75.4M · 2,297 accts
2022$67.4M · 2,164 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$258,862
Investment management$199
Total administrative$259,061
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$258,862
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
NATIONAL BENEFIT SERVICES · Investment advisory (plan)indirect comp

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$259,061 · 0.32%
2023$224,063 · 0.31%
2022$233,248 · 0.32%
All plans at this employer2
WAYNE UNC 403(B) PLAN403(b)
WAYNE UNC 401(A) PLANProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Ara Health Specialists, P.A NC$87.3M · 0.03%
Carteret General Hospital NC$74.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561484844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.