Plan Ledger DOL Form 5500 · updated monthly

East Arkansas Family Health Center, Inc401(k)

EAST ARKANSAS FAMILY HEALTH CENTER, INC 401(K) PROFIT SHARING PLAN · WEST MEMPHIS, AR · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

East Arkansas Family Health Center, Inc reported $46,104 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,587 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 1 year on file its reported administrative ratio fell from 0.76% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arkansas (239th of 456), and the 5,860th of 11,911 in health care & social assistance. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,529,459
Participants with balances201
Active participants188
Employer contributions$486,345
Employee contributions$827,675
Employer contribution per active participant$2,587
Average account balance$47,410
Benefits paid to participants$421,691
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON,HOWELL & ASSOCIATES, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$9.5M · 201 accts · $486K emplr
2022$6.9M · 188 accts · $433K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,954
Investment management$4,102
Total administrative$46,104
The East Arkansas Family Health Center, Inc 401(k) match · 2023
Employer contribution per active participant$2,587
Median for plans this size$1,308
2023$2,587 per active participant
2022$2,378 per active participant

East Arkansas Family Health Center, Inc's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$36,954
WILSHIRE ASSOCIATES · Named fiduciary$4,101

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$46,104 · 0.56%
2022$47,220 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
1ST Choice Healthcare Inc. AR$10.1M · 0.57%
Bost, Inc. AR$9.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237128104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.