Plan Ledger DOL Form 5500 · updated monthly

Daniel Health Care, Inc.401(k)

DANIEL HEALTH CARE COMPLEX 401(K) PLAN · FULTON, MS · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Daniel Health Care, Inc. reported $8,118 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $445 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Mississippi (297th of 367), and 9,569th of 11,911 in health care & social assistance. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,585,985
Participants with balances76
Active participants210
Employer contributions$93,528
Employee contributions$129,833
Employer contribution per active participant$445
Average account balance$34,026
Benefits paid to participants$139,012
Plan auditUnmodified (clean) audit opinion
AuditorFOUTS & MORGAN
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$504
Investment management$7,614
Total administrative$8,118
The Daniel Health Care, Inc. 401(k) match · 2022
Employer contribution per active participant$445
Median for plans this size$1,114

Daniel Health Care, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,118 · 0.29%
Similar plansHealth Care & Social Assistance · Mississippi
Sentrycare, Inc. MS$2.7M · 0.56%
Golden Age, Inc. MS$2.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640933606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.