Plan Ledger DOL Form 5500 · updated monthly

Allegiance Health Management, Inc.401(k)

ALLEGIANCE HEALTH MANAGEMENT RETIREMENT SAVINGS PLAN · BOSSIER CITY, LA · plan year 2023

Reported admin expense ratio · 2023
0.57%

Allegiance Health Management, Inc. reported $212,289 in plan administrative expenses for 2023: 0.57% of average plan assets, higher than ~75% of peers. 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 5 years on file its reported administrative ratio rose from 0.05% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 147th-largest of 884 plans among Louisiana employers on file, and the 2,165th of 11,911 in health care & social assistance. In 2023, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,793,498
Participants with balances—
Active participants—
Employer contributions$1,410,911
Employee contributions$5,158,336
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$3,497,123
Plan auditUnmodified (clean) audit opinion
AuditorTMCE, INC.
Plan history4
Yearassets · accounts · employer contribution
2023$41.8M · $1.4M emplr
2022$32.5M · $1.1M emplr
2019$22.8M · 849 accts
2018$17.1M · 825 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$111,826
Investment management$100,463
Total administrative$212,289
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$111,826
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$100,463

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

Administrative cost history4
2023$212,289 · 0.57%
2022$188,852 · 0.55%
2019$5,478 · 0.03%
2018$7,521 · 0.05%
Similar plansHealth Care & Social Assistance · Louisiana
Imperial Health LA$43.6M · 0.24%
Zephyr Anesthesia, LLC LA$29.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470899588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.