Plan Ledger DOL Form 5500 · updated monthly

Accessone Medcard, Inc.401(k)

ACCESSONE MEDCARD, INC. 401(K) PS PLAN · FORT MILL, SC · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Accessone Medcard, Inc. reported $26,281 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,937 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in South Carolina (621st of 807), and 4,549th of 4,798 in finance & insurance. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,666,101
Participants with balances91
Active participants138
Employer contributions$267,354
Employee contributions$524,630
Employer contribution per active participant$1,937
Average account balance$40,287
Benefits paid to participants$1,406,466
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,281
Total administrative$26,281
The Accessone Medcard, Inc. 401(k) match · 2022
Employer contribution per active participant$1,937
Median for plans this size$1,114

Accessone Medcard, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,281 · 0.65%
Same employer
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Community First Bank SC$7.5M · 0.48%
Arthur State Bank SC$6.8M · 0.25%
Lima One Capital, LLC SC$5.6M · 0.97%
Credit Central, LLC SC$4.1M · 0.77%
Sunset Management, Inc. SC$276K · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562250958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.