Plan Ledger DOL Form 5500 · updated monthly

Anderson Regional Medical Center403(b)

ANDERSON REGIONAL MEDICAL CENTER 403(B) PLAN · MERIDIAN, MS · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Anderson Regional Medical Center reported $108,797 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1 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 2 years on file its reported administrative ratio fell from 0.44% to 0.25%. 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 69th-largest of 367 plans among Mississippi employers on file, and the 2,482nd of 11,911 in health care & social assistance. In 2023, employees put in $1276.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,644,101
Participants with balances905
Active participants1,645
Employer contributions$1,916
Employee contributions$2,445,522
Employer contribution per active participant$1
Average account balance$38,281
Benefits paid to participants$3,593,985
Plan auditUnmodified (clean) audit opinion
AuditorSWAIN, COLLINS & NAPP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 819 accts
2023$34.6M · 905 accts · $2K emplr
2022$28.9M · 926 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$98,660
Investment management$10,137
Total administrative$108,797
Employer contributions to the Anderson Regional Medical Center plan · 2023
Employer contribution per active participant$1
Median for plans this size$2,440

Anderson Regional Medical Center's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Insurance services$342

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$84,812 · 0.25%
2023$108,797 · 0.34%
2022$121,408 · 0.44%
All plans at this employer2
ANDERSON REGIONAL MEDICAL CENTER RETIREMENT SAVINGS PLANProfit-sharing plan
ANDERSON REGIONAL MEDICAL CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
Jackson Heart Clinic, P.A. MS$42.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640362400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.