Plan Ledger DOL Form 5500 · updated monthly

Harnett Health System, Inc.403(b)

HARNETT HEALTH SYSTEM, INC. SUPPLEMENTAL RETIREMENT 403(B) PLAN · DUNN, NC · plan year 2024

Reported admin expense ratio · 2024
0.16%

Harnett Health System, Inc. reported $52,713 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. 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 0.21% to 0.16%. 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 the 508th-largest of 2,005 plans among North Carolina employers on file, and the 2,539th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$33,797,900
Participants with balances1,068
Active participants0
Employer contributions$55,601
Employee contributions—
Employer contribution per active participant—
Average account balance$31,646
Benefits paid to participants$2,330,181
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 1,068 accts · $56K emplr
2023$32.3M · 1,210 accts · $94K emplr
2022$32.2M · 1,357 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,713
Total administrative$52,713
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$61,760

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$52,713 · 0.16%
2023$69,037 · 0.21%
2022$73,017 · 0.21%
Similar plansHealth Care & Social Assistance · North Carolina
Raleigh Medical Group, P.A. NC$35.0M · 0.26%
Goldsboro Pediatrics, P.A. NC$33.4M · 0.48%
Horizon Eye Care, P.A. NC$32.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560603898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.