Plan Ledger DOL Form 5500 · updated monthly

Baptist Community Services403(b)

BAPTIST COMMUNITY SERVICES 403(B) PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Baptist Community Services reported $98,660 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $483 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 0.63% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,453rd-largest of 5,688 plans among Texas employers on file, and the 4,543rd of 11,911 in health care & social assistance. In 2024, employees put in $3.52 for every $1.00 the employer contributed; active participation has grown from 346 to 401 since 2022.

Plan summary
Net assets, end of year$14,759,690
Participants with balances195
Active participants401
Employer contributions$193,724
Employee contributions$681,370
Employer contribution per active participant$483
Average account balance$75,691
Benefits paid to participants$682,370
Plan auditUnmodified (clean) audit opinion
AuditorCMMS CPAS & ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 195 accts · $194K emplr
2023$12.7M · 192 accts · $209K emplr
2022$11.2M · 193 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,785
Investment management$41,875
Total administrative$98,660
The Baptist Community Services 401(k) match · 2024
Employer contribution per active participant$483
Median for plans this size$2,416
2024$483 per active participant
2023$613 per active participant
2022$667 per active participant

Baptist Community Services's 2024 employer contribution ran below the $2,416 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
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$56,785
AMARILLO NATIONAL BANK · Custodial$41,875

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$98,660 · 0.72%
2023$82,444 · 0.69%
2022$77,289 · 0.63%
All plans at this employer2
BAPTIST COMMUNITY SERVICES 401(A) RETIREMENT PLANMoney purchase plan
BAPTIST COMMUNITY SERVICES 403(B) PLAN403(b)
Same employer
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Charles L Heaton, MD. PA TX$14.9M · 0.01%
Intuitive Health, LLC TX$14.8M · 0.75%
Westlake Dermatology, PA TX$14.6M · 0.36%
Cls Health PLLC TX$14.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752206268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.