Plan Ledger DOL Form 5500 · updated monthly

Boston Mountain Rural Health Center Inc.401(k)

BOSTON MOUNTAIN RURAL HEALTH CENTER INC. 401K PLAN · MARSHALL, AR · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Boston Mountain Rural Health Center Inc. reported $5,795 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,964 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 0.08% to 0.05%. 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 201st-largest of 456 plans among Arkansas employers on file, and the 5,010th of 11,911 in health care & social assistance. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 216 to 285 since 2022.

Plan summary
Net assets, end of year$12,538,356
Participants with balances298
Active participants285
Employer contributions$844,636
Employee contributions$1,210,897
Employer contribution per active participant$2,964
Average account balance$42,075
Benefits paid to participants$266,665
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 298 accts · $845K emplr
2023$8.9M · 266 accts · $717K emplr
2022$6.9M · 236 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,795
Total administrative$5,795
The Boston Mountain Rural Health Center Inc. 401(k) match · 2024
Employer contribution per active participant$2,964
Median for plans this size$2,416
2024$2,964 per active participant
2023$2,904 per active participant
2022$2,584 per active participant

Boston Mountain Rural 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,657

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$5,795 · 0.05%
2023$4,378 · 0.06%
2022$5,297 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Families, Inc. AR$12.9M · 0.54%
Arkansas Hospice, Inc. AR$12.8M · 0.20%
Easterseals Arkansas AR$11.1M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710717967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.