Plan Ledger DOL Form 5500 · updated monthly

Anmed Health403(b)

ANMED HEALTH RETIREMENT SAVINGS PLAN · ANDERSON, SC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Anmed Health reported $100,316 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $26 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 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 29th-largest of 807 plans among South Carolina employers on file, and the 572nd of 11,911 in health care & social assistance. In 2024, employees put in $129.43 for every $1.00 the employer contributed; active participation has grown from 3,474 to 3,869 since 2022.

Plan summary
Net assets, end of year$236,968,332
Participants with balances3,403
Active participants3,869
Employer contributions$101,752
Employee contributions$13,169,425
Employer contribution per active participant$26
Average account balance$69,635
Benefits paid to participants$21,987,171
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$237.0M · 3,403 accts · $102K emplr
2023$219.5M · 2,988 accts
2022$187.3M · 3,217 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,316
Total administrative$100,316
Employer contributions to the Anmed Health plan · 2024
Employer contribution per active participant$26
Median for plans this size$3,635

Anmed Health's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$99,315
THE VARIABLE ANNUITY LIFE INSURANCE · Custodial (securities) · Investment advisory (participants)$1,001

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

Administrative cost history3
2024$100,316 · 0.04%
2023$134,448 · 0.07%
2022$164,767 · 0.08%
All plans at this employer2
ANMED HEALTH 401(A) RETIREMENT PLAN403(b)
ANMED HEALTH RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Prisma Health SC$2.2B · 0.02%
McLeod Health SC$808.7M · 0.11%
Roper St. Francis Healthcare SC$664.5M · 0.11%
Lexington Health Inc. SC$92.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570359174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.