Plan Ledger DOL Form 5500 · updated monthly

Au Health System, Inc.403(b)

AU MEDICAL CENTER, INC. 403(B) RETIREMENT SAVINGS PLAN · AUGUSTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Au Health System, Inc. reported $542,938 in plan administrative expenses for 2023: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,410 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 6 years on file its reported administrative ratio rose from 0.11% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 111th-largest of 2,160 plans among Georgia employers on file, and the 460th of 11,911 in health care & social assistance. In 2023, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 3,978 to 5,098 since 2017.

Plan summary
Net assets, end of year$325,912,447
Participants with balances6,347
Active participants5,098
Employer contributions$12,286,278
Employee contributions$18,440,697
Employer contribution per active participant$2,410
Average account balance$51,349
Benefits paid to participants$21,978,822
Plan auditUnmodified (clean) audit opinion
Plan history6
Yearassets · accounts · employer contribution
2024$0 · $8.2M emplr
2023$325.9M · 6,347 accts · $12.3M emplr
2022$278.9M · 7,452 accts · $12.0M emplr
2019$226.8M · 6,696 accts · $10.6M emplr
2018$180.7M · 5,818 accts
2017$174.1M · 5,716 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$542,938
Total administrative$542,938
Employer contributions to the Au Health System, Inc. plan · 2023
Employer contribution per active participant$2,410
Median for plans this size$4,362
2023$2,410 per active participant
2022$2,484 per active participant
2019$2,688 per active participant

Au Health System, Inc.'s 2023 employer contribution ran below the $4,362 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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$542,938

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

Administrative cost history6
2024Not separately reported
2023$542,938 · 0.18%
2022$330,006 · 0.11%
2019$271,494 · 0.13%
2018$216,921 · 0.12%
2017$172,736 · 0.11%
All plans at this employer2
AU MEDICAL CENTER, INC. 403(B) RETIREMENT SAVINGS PLAN403(b)
AU MEDICAL CENTER, INC. 401(A) RETIREMENT SAVINGS PLANProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · Georgia
The Harbin Clinic, L.L.C. GA$318.2M · 0.02%
Pruitthealth, Inc. GA$267.0M · 0.53%
Aveanna Healthcare GA$234.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272999718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.