Plan Ledger DOL Form 5500 · updated monthly

1ST Choice Healthcare Inc.403(b)

403(B) THRIFT PLAN FOR 1ST CHOICE HEALTHCARE, INC. · CORNING, AR · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

1ST Choice Healthcare Inc. reported $54,148 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $2,340 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 3 years on file its reported administrative ratio has held roughly steady near 0.572%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arkansas (229th of 456), and the 5,678th of 11,911 in health care & social assistance. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,051,426
Participants with balances246
Active participants209
Employer contributions$489,025
Employee contributions$654,702
Employer contribution per active participant$2,340
Average account balance$40,859
Benefits paid to participants$1,024,520
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 246 accts · $489K emplr
2023$8.9M · 250 accts · $457K emplr
2022$7.2M · 228 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,027
Investment management$46,121
Total administrative$54,148
Employer contributions to the 1ST Choice Healthcare Inc. plan · 2024
Employer contribution per active participant$2,340
Median for plans this size$1,313
2024$2,340 per active participant
2023$2,023 per active participant
2022$2,095 per active participant

1ST Choice Healthcare Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$8,027
PRIME CAPITAL INVEST. ADV. · Investment advisory (plan)$46,121

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,148 · 0.57%
2023$42,588 · 0.53%
2022$42,105 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Bost, Inc. AR$9.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710715998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.