The Christ Hospital 401(k) Review & Grade
The Christ Hospital 403(b) Retirement Savings Plan
Cincinnati, OHHealth Care & Social Assistance7,401 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,392Employer $ per active participant
$5,519Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$522.5MNet plan assets, end of year
$59,646Average balance per account
Score breakdown
- Employer generosity30.2 / 5060th percentile for employer $ per participant
- Low cost12.7 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 51th |
| Employee saving | 77th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,458 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Christ Hospital put in about $1,392 per active participant, more than the typical peer ($800). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $10,299,534 |
| Participant (employee) contributions | $40,847,576 |
| Other contributions (incl. rollovers in) | $5,326,596 |
| Administrative expenses paid from the plan | $588,665 |
| Contract administrator fees | $1,800 |
| Investment advisory & management fees | $97,289 |
| Other admin expenses | $84,140 |
| Benefits paid out | $46,164,345 |
| Net assets, start / end of year | $450.7M / $522.5M |
| Active participants, start / end of year | 7,617 / 7,185 |
| Participants with account balances | 8,760 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst Young LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $434,203 reported compensation |
| Merrill Lynch | $84,140 reported compensation |
| Strategic Advisors, Inc. | $70,321 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013160906NAL0001686737001, received 2025-10-13, EIN 31-0538525, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.