Plan Ledger DOL Form 5500 · updated monthly

Alabama Regional Medical Services403(b)

ALABAMA REGIONAL MEDICAL SERVICES 403B RETIREMENT SAVINGS PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Alabama Regional Medical Services reported $7,302 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $263 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 health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (816th of 902), and 10,275th of 11,911 in health care & social assistance. In 2022, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,725,132
Participants with balances42
Active participants122
Employer contributions$32,044
Employee contributions$110,939
Employer contribution per active participant$263
Average account balance$41,075
Benefits paid to participants$45,532
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,080
Investment management$6,222
Total administrative$7,302
Employer contributions to the Alabama Regional Medical Services plan · 2022
Employer contribution per active participant$263
Median for plans this size$1,114

Alabama Regional Medical Services's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,302 · 0.40%
Similar plansHealth Care & Social Assistance · Alabama
McBh, LLC AL$2.0M · 1.09%
St. Martin's-In-The-Pines AL$1.8M · 0.37%
Southern Springs AL$1.8M · 1.21%
Hatley Health Care, Inc. AL$1.7M · 0.90%
Community Senior Life AL$1.5M · 1.78%
Shoals Primary Care, LLC AL$1.4M · 0.22%
The Bridge, Inc. AL$1.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630932057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.