Plan Ledger DOL Form 5500 · updated monthly

Arkansas Methodist Hospital401(k)

ARKANSAS METHODIST HOSPITAL RETIREMENT TRUST · PARAGOULD, AR · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Arkansas Methodist Hospital reported $93,570 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,092 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 0.40% to 0.37%. 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 129th-largest of 456 plans among Arkansas employers on file, and the 3,179th of 11,911 in health care & social assistance. In 2023, employees put in $3.37 for every $1.00 the employer contributed; active participation has shrunk from 576 to 472 since 2022.

Plan summary
Net assets, end of year$24,710,170
Participants with balances601
Active participants472
Employer contributions$515,516
Employee contributions$1,738,360
Employer contribution per active participant$1,092
Average account balance$41,115
Benefits paid to participants$3,814,141
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 639 accts · $586K emplr
2023$24.7M · 601 accts · $516K emplr
2022$23.2M · 647 accts · $639K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,327
Investment management$42,243
Total administrative$93,570
The Arkansas Methodist Hospital 401(k) match · 2023
Employer contribution per active participant$1,092
Median for plans this size$2,440
2024$1,091 per active participant
2023$1,092 per active participant
2022$1,109 per active participant

Arkansas Methodist Hospital'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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,327
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$42,243

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$88,302 · 0.37%
2023$93,570 · 0.39%
2022$99,510 · 0.40%
Similar plansHealth Care & Social Assistance · Arkansas
Narmc AR$49.8M · 0.30%
Arcare AR$49.0M · 0.03%
Arisa Health, Inc AR$48.3M · 0.12%
Axpm Dental Management, LLC AR$23.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710230218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.