Plan Ledger DOL Form 5500 · updated monthly

Henderson County Health Care Corporation401(k)

HENDERSON COUNTY HEALTH CARE 401(K) PS PLAN · HENDERSON, KY · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Henderson County Health Care Corporation reported $20,344 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $581 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (762nd of 871), and 9,784th of 11,911 in health care & social assistance. In 2022, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,320,614
Participants with balances94
Active participants242
Employer contributions$140,702
Employee contributions$224,993
Employer contribution per active participant$581
Average account balance$24,687
Benefits paid to participants$270,449
Plan auditUnmodified (clean) audit opinion
AuditorJONES, NALE & MATTINGLY PLC
The Henderson County Health Care Corporation 401(k) match · 2022
Employer contribution per active participant$581
Median for plans this size$1,114

Henderson County Health Care Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,344 · 0.94%
Similar plansHealth Care & Social Assistance · Kentucky
Carering Health, LLC KY$2.3M · 0.60%
Carering Health, LLC KY$2.3M · 0.60%
Pensacola Health Partners KY$2.2M · 1.19%
Isaiah House, Inc. KY$2.0M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610840573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.