Plan Ledger DOL Form 5500 · updated monthly

Georgia Highlands Medical Services, Inc403(b)

GEORGIA HIGHLANDS MEDICAL SERVICES, INC 403(B) RETIREMENT PLAN · CUMMING, GA · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

Georgia Highlands Medical Services, Inc reported $35,212 in plan administrative expenses for 2023: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,193 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 has held roughly steady near 0.60%. 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 Georgia (1,502nd of 2,160), and 7,106th of 11,911 in health care & social assistance. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,484,299
Participants with balances93
Active participants154
Employer contributions$183,720
Employee contributions$388,333
Employer contribution per active participant$1,193
Average account balance$69,724
Benefits paid to participants$802,415
Plan auditDisclaimer of opinion
AuditorJONES AND KOLB, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$6.5M · 93 accts · $184K emplr
2022$5.3M · 100 accts · $260K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,212
Total administrative$35,212
Employer contributions to the Georgia Highlands Medical Services, Inc plan · 2023
Employer contribution per active participant$1,193
Median for plans this size$1,308
2023$1,193 per active participant
2022$1,627 per active participant

Georgia Highlands Medical Services, Inc's 2023 employer contribution ran below the $1,308 median for plans its size. 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 · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator$35,212

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$35,212 · 0.60%
2022$32,019 · 0.61%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Gwinnett Clinic LTD. GA$6.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581338038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.