Plan Ledger DOL Form 5500 · updated monthly

Blue Ridge Health Center, Inc.403(b)

BLUE RIDGE MEDICAL CENTER RETIREMENT PLAN · ARRINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Blue Ridge Health Center, Inc. reported $26,113 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,396 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 0.55% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,772nd of 2,266), and 7,563rd of 11,911 in health care & social assistance. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 108 to 120 since 2022.

Plan summary
Net assets, end of year$5,630,606
Participants with balances139
Active participants120
Employer contributions$287,541
Employee contributions$377,672
Employer contribution per active participant$2,396
Average account balance$40,508
Benefits paid to participants$329,354
Plan auditUnmodified (clean) audit opinion
AuditorCAVANAUGH NELSON, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 139 accts · $288K emplr
2023$4.8M · 180 accts · $232K emplr
2022$4.2M · 150 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,133
Investment management$8,980
Total administrative$26,113
Employer contributions to the Blue Ridge Health Center, Inc. plan · 2024
Employer contribution per active participant$2,396
Median for plans this size$1,313
2024$2,396 per active participant
2023$1,965 per active participant
2022$1,980 per active participant

Blue Ridge Health Center, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ASCENSUS LLC · Loan processing · Recordkeeping$17,133
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$8,815

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$26,113 · 0.50%
2023$21,941 · 0.49%
2022$24,165 · 0.55%
Similar plansHealth Care & Social Assistance · Virginia
Elk Hill Farm, Inc VA$5.7M · 0.64%
Cornerstones, Inc. VA$5.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541222147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.