Plan Ledger DOL Form 5500 · updated monthly

Appalachian Regional Healthcare Inc403(b)

APPALACHIAN REGIONAL HEALTHCARE, INC. THRIFT PLAN · HAZARD, KY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Appalachian Regional Healthcare Inc reported $826,338 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,596 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 rose from 0.44% to 0.47%. 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 45th-largest of 871 plans among Kentucky employers on file, and the 664th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$190,724,793
Participants with balances6,668
Active participants6,098
Employer contributions$9,733,630
Employee contributions$11,797,798
Employer contribution per active participant$1,596
Average account balance$28,603
Benefits paid to participants$13,452,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$190.7M · 6,668 accts · $9.7M emplr
2023$159.6M · 6,266 accts · $3.7M emplr
2022$148.4M · 5,518 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$623,431
Investment management$202,907
Total administrative$826,338
Employer contributions to the Appalachian Regional Healthcare Inc plan · 2024
Employer contribution per active participant$1,596
Median for plans this size$3,635
2024$1,596 per active participant
2023$623 per active participant
2022$1,478 per active participant

Appalachian Regional Healthcare Inc'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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$618,672
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeeping$4,758
MERIDIAN WEALTH MANAGEMENT LLC · Consulting · Insurance services$202,657
CHARLES SCHWAB & CO., INC · Securities brokerage$250
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Mutual of America, Transamerica, Voya
2023Mutual of America, Transamerica

This plan has changed recordkeepers within these filings. If you left Appalachian Regional Healthcare Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$826,338 · 0.47%
2023$351,149 · 0.23%
2022$603,726 · 0.44%
All plans at this employer2
APPALACHIAN REGIONAL HEALTHCARE, INC. THRIFT PLAN403(b)
APPALACHIAN REGIONAL HEALTHCARE, INC. VOLUNTARY PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
New Lexington Clinic, P.S.C. KY$295.5M · 0.04%
Owensboro Health, Inc. KY$246.0M · 0.13%
Ephraim McDowell Health KY$202.6M · 0.22%
Atria Senior Living, Inc. KY$167.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520795508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.