Plan Ledger DOL Form 5500 · updated monthly

Coastal Family Health Center, Inc.Profit-sharing plan

COASTAL FAMILY HEALTH CENTER RETIREMENT PLAN · GULFPORT, MS · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Coastal Family Health Center, Inc. reported $9,690 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $816 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 0.05% to 0.09%. 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 170th-largest of 367 plans among Mississippi employers on file, and the 5,617th of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 284 to 528 since 2022.

Plan summary
Net assets, end of year$10,291,382
Participants with balances384
Active participants528
Employer contributions$430,746
Employee contributions$643,082
Employer contribution per active participant$816
Average account balance$26,800
Benefits paid to participants$1,950,178
Plan auditUnmodified (clean) audit opinion
AuditorAVIZO GROUP INC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 384 accts · $431K emplr
2023$10.2M · 411 accts · $440K emplr
2022$8.9M · 434 accts · $449K emplr
Employer contributions to the Coastal Family Health Center, Inc. plan · 2024
Employer contribution per active participant$816
Median for plans this size$2,416
2024$816 per active participant
2023$1,747 per active participant
2022$1,580 per active participant

Coastal Family Health Center, 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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$3,067
WILSHIRE ASSOCIATES INC. · Named fiduciary$326

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$9,690 · 0.09%
2023$4,600 · 0.05%
2022$4,330 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
SA Holding Company, Inc. MS$8.3M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640592416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.