Plan Ledger DOL Form 5500 · updated monthly

Hardin County Regional Health Center, Inc.403(b)

HARDIN COUNTY REGIONAL HEALTH CENTER 403(B) PLAN · SAVANNAH, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Hardin County Regional Health Center, Inc. reported $50,576 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,825 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 0.40% to 0.48%. 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 Tennessee (784th of 1,496), and the 5,304th of 11,911 in health care & social assistance. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 147 to 170 since 2022.

Plan summary
Net assets, end of year$11,467,205
Participants with balances214
Active participants170
Employer contributions$480,243
Employee contributions$533,804
Employer contribution per active participant$2,825
Average account balance$53,585
Benefits paid to participants$304,139
Plan auditUnmodified (clean) audit opinion
AuditorTERRY HORNE, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 214 accts · $480K emplr
2023$9.5M · 203 accts · $439K emplr
2022$7.3M · 176 accts · $384K emplr
Employer contributions to the Hardin County Regional Health Center, Inc. plan · 2024
Employer contribution per active participant$2,825
Median for plans this size$2,416
2024$2,825 per active participant
2023$2,762 per active participant
2022$2,612 per active participant

Hardin County Regional Health Center, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$50,576 · 0.48%
2023$37,653 · 0.45%
2022$30,458 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Alive Hospice, Inc. TN$11.8M · 0.79%
Axial Healthcare TN$11.5M · 1.07%
Health Connect America TN$10.8M · 1.46%
Spero Health, Inc. TN$10.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582053386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.