Plan Ledger DOL Form 5500 · updated monthly

Effingham Hospital, Inc.403(b)

EFFINGHAM HOSPITAL TSA PLAN · SPRINGFIELD, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Effingham Hospital, Inc. reported $400 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $341 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 rose from 0.002% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,159th of 2,160), and the 5,328th of 11,911 in health care & social assistance. In 2024, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,381,492
Participants with balances520
Active participants528
Employer contributions$179,818
Employee contributions$628,753
Employer contribution per active participant$341
Average account balance$21,887
Benefits paid to participants$1,027,158
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 520 accts · $180K emplr
2023$10.7M · 486 accts · $192K emplr
2022$9.8M · 458 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Total administrative$400
Employer contributions to the Effingham Hospital, Inc. plan · 2024
Employer contribution per active participant$341
Median for plans this size$2,416
2024$341 per active participant
2023$366 per active participant
2022$317 per active participant

Effingham Hospital, Inc.'s 2024 employer contribution ran below the $2,416 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$1,284

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$400 · 0.00%
2023$350 · 0.00%
2022$200 · 0.00%
Similar plansHealth Care & Social Assistance · Georgia
Careconnect Health, Inc GA$12.0M · 0.79%
Columbus Hospice, Inc. GA$11.6M · 0.03%
Crh Healthcare, LLC GA$11.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474393589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.