Plan Ledger DOL Form 5500 · updated monthly

Appalachian Regional Healthcare System403(b)

APPALACHIAN REGIONAL HEALTHCARE SYSTEM 403(B) RETIREMENT SAVINGS PLAN · BOONE, NC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Appalachian Regional Healthcare System reported $168,386 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,678 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 3 years on file its reported administrative ratio has held roughly steady near 0.154%. 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 185th-largest of 2,005 plans among North Carolina employers on file, and the 1,014th of 11,911 in health care & social assistance. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,088,646
Participants with balances1,856
Active participants1,507
Employer contributions$2,528,148
Employee contributions$7,915,744
Employer contribution per active participant$1,678
Average account balance$60,393
Benefits paid to participants$16,959,673
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$112.1M · 1,856 accts · $2.5M emplr
2023$106.6M · 1,921 accts · $690K emplr
2022$98.8M · 1,946 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$168,386
Total administrative$168,386
Employer contributions to the Appalachian Regional Healthcare System plan · 2024
Employer contribution per active participant$1,678
Median for plans this size$3,635
2024$1,678 per active participant
2023$435 per active participant
2022$1,450 per active participant

Appalachian Regional Healthcare System'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$168,386

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$168,386 · 0.15%
2023$50,216 · 0.05%
2022$142,132 · 0.15%
All plans at this employer2
APPALACHIAN REGIONAL HEALTHCARE SYSTEM FROZEN RETIREMENT SAVINGS PLANMoney purchase plan
APPALACHIAN REGIONAL HEALTHCARE SYSTEM 403(B) RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Physicians East PA NC$114.0M · 0.04%
Blue Ridge Healthcare System NC$113.3M · 0.20%
Boice-Willis Clinic, P.A. NC$97.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201067022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.