Plan Ledger DOL Form 5500 · updated monthly

Carolina Health Centers, Inc.403(b)

TAX DEFERRED ANNUITY PLAN FOR EMPLOYEES OF CAROLINA HEALTH CENTERS, INC. · GREENWOOD, SC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Carolina Health Centers, Inc. reported $11,317 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $941 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 1 year on file its reported administrative ratio fell from 0.075% to 0.070%. 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 298th-largest of 807 plans among South Carolina employers on file, and the 4,046th of 11,911 in health care & social assistance. In 2024, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,522,791
Participants with balances273
Active participants352
Employer contributions$331,310
Employee contributions$1,115,693
Employer contribution per active participant$941
Average account balance$64,186
Benefits paid to participants$677,308
Plan auditDisclaimer of opinion
AuditorLOVE BAILEY & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2024$17.5M · 273 accts · $331K emplr
2023$14.9M · 270 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,317
Total administrative$11,317
Employer contributions to the Carolina Health Centers, Inc. plan · 2024
Employer contribution per active participant$941
Median for plans this size$2,416
2024$941 per active participant
2023$910 per active participant

Carolina Health Centers, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,257
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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 history2
2024$11,317 · 0.07%
2023$10,057 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Jervey Eye Group, P.A. SC$18.8M · 0.11%
TRIBE513, PA SC$16.8M · 0.44%
Medbridge Healthcare LLC SC$14.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570650154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.