Plan Ledger DOL Form 5500 · updated monthly

Georgetown Hospital Systems dba Tidelands Health403(b)

TIDELANDS HEALTH 403(B) RETIREMENT SAVINGS PLAN · MURRELLS INLET, SC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Georgetown Hospital Systems dba Tidelands Health reported $178,893 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,849 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 0.10% to 0.09%. 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 34th-largest of 807 plans among South Carolina employers on file, and the 632nd of 11,911 in health care & social assistance. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 2,141 to 2,439 since 2022.

Plan summary
Net assets, end of year$203,055,499
Participants with balances2,909
Active participants2,439
Employer contributions$4,509,536
Employee contributions$13,283,042
Employer contribution per active participant$1,849
Average account balance$69,803
Benefits paid to participants$14,727,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$203.1M · 2,909 accts · $4.5M emplr
2023$175.5M · 2,793 accts · $4.1M emplr
2022$145.6M · 2,641 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,893
Total administrative$178,893
Employer contributions to the Georgetown Hospital Systems dba Tidelands Health plan · 2024
Employer contribution per active participant$1,849
Median for plans this size$3,635
2024$1,849 per active participant
2023$1,969 per active participant
2022$1,714 per active participant

Georgetown Hospital Systems dba Tidelands Health'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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$178,757

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$178,893 · 0.09%
2023$166,021 · 0.10%
2022$160,403 · 0.10%
Similar plansHealth Care & Social Assistance · South Carolina
McLeod Health SC$808.7M · 0.11%
Roper St. Francis Healthcare SC$664.5M · 0.11%
Anmed Health SC$237.0M · 0.04%
Lexington Health Inc. SC$92.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020598440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.