Plan Ledger DOL Form 5500 · updated monthly

Westchester General Hospital, Inc401(k)

WESTCHESTER GENERAL HOSPITAL, INC. 401(K) PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Westchester General Hospital, Inc reported $14,689 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $128 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 0.12% to 0.89%. 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 Florida (2,099th of 3,644), and 6,684th of 11,911 in health care & social assistance. In 2023, employees put in $4.33 for every $1.00 the employer contributed; active participation has grown from 156 to 1,092 since 2022.

Plan summary
Net assets, end of year$7,413,607
Participants with balances293
Active participants1,092
Employer contributions$139,918
Employee contributions$605,461
Employer contribution per active participant$128
Average account balance$25,302
Benefits paid to participants$958,451
Plan auditUnmodified (clean) audit opinion
AuditorKABAT SCHERTZER DE LA TORRE TARA-BO
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 221 accts · $128K emplr
2023$7.4M · 293 accts · $140K emplr
2022$6.7M · 292 accts · $108K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,403
Investment management$286
Total administrative$14,689
The Westchester General Hospital, Inc 401(k) match · 2023
Employer contribution per active participant$128
Median for plans this size$1,308
2024$240 per active participant
2023$128 per active participant
2022$692 per active participant

Westchester General Hospital, Inc's 2023 employer contribution ran below the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP · Recordkeeping · Investment advisory (participants)$14,689
ADP BROKER-DEALER · Other servicesindirect 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$65,638 · 0.89%
2023$14,689 · 0.21%
2022$8,675 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Millenia Pediatrics, LLC FL$7.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591201323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.