Plan Ledger DOL Form 5500 · updated monthly

Cahaba Medical Care Foundation401(k)

CAHABA MEDICAL CARE FOUNDATION 401K PLAN · CENTREVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Cahaba Medical Care Foundation reported $29,959 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,600 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 0.26% to 0.29%. 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 421st-largest of 902 plans among Alabama employers on file, and the 5,222nd of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,758,989
Participants with balances476
Active participants559
Employer contributions$894,308
Employee contributions$1,586,309
Employer contribution per active participant$1,600
Average account balance$24,704
Benefits paid to participants$885,755
Plan auditUnmodified (clean) audit opinion
AuditorDINGUS ZARECOR & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 476 accts · $894K emplr
2023$9.0M · 433 accts · $795K emplr
2022$6.3M · 377 accts · $664K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,435
Investment management$3,524
Total administrative$29,959
The Cahaba Medical Care Foundation 401(k) match · 2024
Employer contribution per active participant$1,600
Median for plans this size$2,416
2024$1,600 per active participant
2023$1,448 per active participant
2022$1,290 per active participant

Cahaba Medical Care Foundation's 2024 employer contribution ran below 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$29,959
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$29,959 · 0.29%
2023$22,350 · 0.29%
2022$15,559 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Center for Cancer Care, PC AL$15.4M · 0.38%
Southern Cancer Center, PC AL$15.2M · 0.11%
Saad Enterprises Inc. AL$14.8M · 0.99%
Bradford Health Services AL$11.7M · 0.68%
Glenwood Inc. AL$11.4M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273605364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.