Plan Ledger DOL Form 5500 · updated monthly

Bradford Health Services401(k)

BRADFORD HEALTH SERVICES 401(K) PROFIT SHARING PLA · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Bradford Health Services reported $76,416 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.41% to 0.68%. 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 424th-largest of 902 plans among Alabama employers on file, and the 5,247th of 11,911 in health care & social assistance. active participation has grown from 479 to 820 since 2022.

Plan summary
Net assets, end of year$11,666,303
Participants with balances1,094
Active participants820
Employer contributions$0
Employee contributions$1,280,984
Employer contribution per active participant$0
Average account balance$10,664
Benefits paid to participants$2,057,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 1,094 accts
2023$10.7M · 658 accts · $2K emplr
2022$10.3M · 251 accts
Administrative expenses, itemized · 2024
Investment management$76,416
Total administrative$76,416
The Bradford Health Services 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Bradford Health 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
LEAFHOUSE FINANCIAL ADVISORS$5,628
ONEASCENT FINANCIAL SERVICES · Investment advisory (participants)indirect comp

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$76,416 · 0.68%
2023$64,661 · 0.62%
2022$37,468 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Saad Enterprises Inc. AL$14.8M · 0.99%
Glenwood Inc. AL$11.4M · 0.31%
Baptist Ventures Inc. AL$10.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631198286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.