Plan Ledger DOL Form 5500 · updated monthly

Chestnut Hill Mental Health Cent401(k)

SPRINGBROOK BEHAVIORAL HEALTH SYSTEM 401(K) PLAN · TRAVELERS REST, SC · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Chestnut Hill Mental Health Cent reported $27,750 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $723 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 0.19% to 0.81%. 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 South Carolina (618th of 807), and 8,752nd of 11,911 in health care & social assistance. In 2024, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,715,370
Participants with balances276
Active participants207
Employer contributions$149,667
Employee contributions$532,882
Employer contribution per active participant$723
Average account balance$13,461
Benefits paid to participants$503,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 276 accts · $150K emplr
2023$3.1M · 125 accts · $109K emplr
2022$2.5M · 129 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,809
Investment management$15,941
Total administrative$27,750
The Chestnut Hill Mental Health Cent 401(k) match · 2024
Employer contribution per active participant$723
Median for plans this size$1,313
2024$723 per active participant
2023$621 per active participant
2022$505 per active participant

Chestnut Hill Mental Health Cent's 2024 employer contribution ran below the $1,313 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$15,940
ADP, INC. · Loan processing · Recordkeeping$11,809
ADP BROKER-DEALERindirect 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, UBS
2023ADP

This plan has changed recordkeepers within these filings. If you left Chestnut Hill Mental Health Cent before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,750 · 0.81%
2023$13,398 · 0.48%
2022$5,206 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
The Sunshine House SC$3.9M · 0.78%
The Cypress Club, Inc. SC$3.6M · 0.78%
Medtrust Holdings, Inc. SC$2.8M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570693272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.