Plan Ledger DOL Form 5500 · updated monthly

East Georgia Healthcare Center Inc.403(b)

EAST GEORGIA HEALTHCARE CENTER 403B PLAN · SWAINSBORO, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

East Georgia Healthcare Center Inc. reported $5,840 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $646 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 0.23% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,639th of 2,160), and 8,029th of 11,911 in health care & social assistance. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,779,704
Participants with balances190
Active participants204
Employer contributions$131,800
Employee contributions$434,276
Employer contribution per active participant$646
Average account balance$25,156
Benefits paid to participants$321,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 190 accts · $132K emplr
2023$4.2M · 185 accts · $109K emplr
2022$3.6M · 179 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,840
Total administrative$5,840
Employer contributions to the East Georgia Healthcare Center Inc. plan · 2024
Employer contribution per active participant$646
Median for plans this size$1,313
2024$646 per active participant
2023$607 per active participant
2022$581 per active participant

East Georgia Healthcare Center Inc.'s 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$6,440

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,840 · 0.13%
2023$5,262 · 0.14%
2022$7,808 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Oaks Senior Living, LLC GA$4.9M · 1.15%
Nobis Works, Inc. GA$4.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582001607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.