Plan Ledger DOL Form 5500 · updated monthly

Ben Archer Health Center, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF BEN ARCHER HEALTH CENTER, INC. · HATCH, NM · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ben Archer Health Center, Inc. reported $4,637 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,182 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 0.007% to 0.011%. 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 38th-largest of 290 plans among New Mexico employers on file, and the 2,083rd of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,680,886
Participants with balances560
Active participants403
Employer contributions$1,282,408
Employee contributions$1,870,065
Employer contribution per active participant$3,182
Average account balance$78,002
Benefits paid to participants$2,519,743
Plan auditUnmodified (clean) audit opinion
AuditorCLIFFORD, ROSS & COOPER, CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 560 accts · $1.3M emplr
2023$37.4M · 538 accts · $1.2M emplr
2022$31.7M · 582 accts · $1.2M emplr
The Ben Archer Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$3,182
Median for plans this size$2,416
2024$3,182 per active participant
2023$3,263 per active participant
2022$2,998 per active participant

Ben Archer Health Center, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$6,924

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
2023Mutual of America

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

Administrative cost history3
2024$4,637 · 0.01%
2023$3,347 · 0.01%
2022$2,442 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico

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Source: U.S. Department of Labor, Form 5500 series, EIN 510158976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.