Plan Ledger DOL Form 5500 · updated monthly

Breckinridge Health, Inc.403(b)

BRECKINRIDGE HEALTH, INC, 403(B) PLAN · HARDINSBURG, KY · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Breckinridge Health, Inc. reported $43,300 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $335 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 0.86% to 1.00%. 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 Kentucky (654th of 871), and 8,097th of 11,911 in health care & social assistance. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,678,712
Participants with balances134
Active participants292
Employer contributions$97,674
Employee contributions$318,192
Employer contribution per active participant$335
Average account balance$34,916
Benefits paid to participants$247,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 134 accts · $98K emplr
2023$4.0M · 130 accts · $92K emplr
2022$4.1M · 150 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,960
Investment management$19,340
Total administrative$43,300
Employer contributions to the Breckinridge Health, Inc. plan · 2024
Employer contribution per active participant$335
Median for plans this size$1,313
2024$335 per active participant
2023$293 per active participant
2022$324 per active participant

Breckinridge Health, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$13,565
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan)$17,178
ADMIN. GROUP, LLC DBA TAG RESOURCES · Investment advisory (plan)$10,395
TWO WEST CAPITAL ADVISORS LLC · Investment advisory (plan)$2,162

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$43,300 · 1.00%
2023$41,663 · 1.03%
2022$39,461 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Kenney Ortho Group, Inc. KY$4.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610525158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.