Plan Ledger DOL Form 5500 · updated monthly

Big Sandy Health Care, Inc403(b)

BIG SANDY HEALTH CARE, INC TAX DEFERRED ANNUITY PLAN · PRESTONSBURG, KY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Big Sandy Health Care, Inc reported $16,712 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,291 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 0.09% to 0.10%. 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 325th-largest of 871 plans among Kentucky employers on file, and the 4,044th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,523,050
Participants with balances261
Active participants352
Employer contributions$454,288
Employee contributions$843,445
Employer contribution per active participant$1,291
Average account balance$67,138
Benefits paid to participants$597,992
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 261 accts · $454K emplr
2023$15.3M · 256 accts · $428K emplr
2022$13.0M · 252 accts · $433K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,712
Total administrative$16,712
Employer contributions to the Big Sandy Health Care, Inc plan · 2024
Employer contribution per active participant$1,291
Median for plans this size$2,416
2024$1,291 per active participant
2023$1,226 per active participant
2022$1,299 per active participant

Big Sandy Health Care, Inc'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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$16,712

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$16,712 · 0.10%
2023$9,214 · 0.07%
2022$11,899 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
One Pediatrics, PLLC KY$15.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610849776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.