Plan Ledger DOL Form 5500 · updated monthly

Conway Regional Medical Center401(k)

CONWAY REGIONAL MEDICAL CENTER RETIREMENT INCOME PLAN · CONWAY, AR · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Conway Regional Medical Center reported $152,205 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,833 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 fell from 0.19% to 0.16%. 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 38th-largest of 456 plans among Arkansas employers on file, and the 1,068th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 1,339 to 2,079 since 2022.

Plan summary
Net assets, end of year$104,198,247
Participants with balances2,568
Active participants2,079
Employer contributions$3,811,549
Employee contributions$8,318,827
Employer contribution per active participant$1,833
Average account balance$40,576
Benefits paid to participants$7,570,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.2M · 2,568 accts · $3.8M emplr
2023$87.7M · 2,018 accts · $3.5M emplr
2022$73.7M · 1,876 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,608
Investment management$66,597
Total administrative$152,205
The Conway Regional Medical Center 401(k) match · 2024
Employer contribution per active participant$1,833
Median for plans this size$3,635
2024$1,833 per active participant
2023$2,381 per active participant
2022$2,441 per active participant

Conway Regional 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,608
GUTIERREZ WEALTH ADVISORY LLC · Investment advisory (plan)$66,597

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$152,205 · 0.16%
2023$146,414 · 0.18%
2022$152,899 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Aegis Therapies, Inc. AR$123.5M · 0.35%
Radiology Associates, P.A. AR$101.2M · 0.32%
Arkansas Children's AR$99.3M · 0.15%
Unity Health AR$75.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710249735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.