Plan Snapshot
- Plan Sponsor: Jones Memorial Hospital
- Sponsor EIN: 222807681
- Sponsor Address: 191 N MAIN ST, WELLSVILLE, NY, 148951150
- Plan Type: 403(b)
- Total Participants: 528
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 528 | $10.5M | $801,778 | $1.5M |
| 2023 | 476 | $6.7M | $392,969 | $144,946 |
| 2022 | 369 | $4.5M | $439,104 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HEALTHCARE COMMUNITY SECURITIES COR | N/A | $22,480 | — | $22,480 |
| BENEFIT PLANS ADMIN SERVICES, INC. | N/A | $21,295 | — | $21,295 |
| BONADIO & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES, INC. — N/A
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,775
- Estimated Expense Ratio: 0.418% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $45,475 | $35,918 | — | — | — |
| 2023 | $24,399 | — | $6,720 | — | — |
| 2022 | $25,045 | $16,793 | $8,252 | — | — |