Plan Ledger DOL Form 5500 · updated monthly

Conway Hospital, Inc. D/B/A Conway Medical Center401(k)

CONWAY MEDICAL CENTER 401(K) PLAN · CONWAY, SC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Conway Hospital, Inc. D/B/A Conway Medical Center reported $98,137 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,569 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 3 years on file its reported administrative ratio has held roughly steady near 0.119%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 67th-largest of 807 plans among South Carolina employers on file, and the 1,197th of 11,911 in health care & social assistance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,067,768
Participants with balances1,535
Active participants1,857
Employer contributions$2,913,112
Employee contributions$6,182,946
Employer contribution per active participant$1,569
Average account balance$58,025
Benefits paid to participants$9,556,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.1M · 1,535 accts · $2.9M emplr
2023$75.8M · 1,475 accts · $2.4M emplr
2022$54.9M · 1,428 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,137
Total administrative$98,137
The Conway Hospital, Inc. D/B/A Conway Medical Center 401(k) match · 2024
Employer contribution per active participant$1,569
Median for plans this size$3,635
2024$1,569 per active participant
2023$1,342 per active participant
2022$1,209 per active participant

Conway Hospital, Inc. D/B/A Conway Medical Center's 2024 employer contribution ran below the $3,635 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$100,141

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$98,137 · 0.12%
2023$75,291 · 0.12%
2022$68,879 · 0.12%
All plans at this employer2
CONWAY MEDICAL CENTER 401(K) PLAN401(k)
CONWAY MEDICAL CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Anmed Health SC$237.0M · 0.04%
Lexington Health Inc. SC$92.7M · 0.47%
Musc Health Partners SC$50.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570314381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.