Plan Ledger DOL Form 5500 · updated monthly

Henry County Nursing Home403(b)

HENRY COUNTY NURSING HOME RETIREMENT PLAN · ABBEVILLE, AL · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Henry County Nursing Home reported $2,999 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $637 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 Alabama (709th of 902), and 8,907th of 11,911 in health care & social assistance. In 2022, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,510,170
Participants with balances75
Active participants125
Employer contributions$79,672
Employee contributions$103,101
Employer contribution per active participant$637
Average account balance$46,802
Benefits paid to participants$156,369
Plan auditDisclaimer of opinion
AuditorMCDANIEL AND ASSOCIATES PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,999
Total administrative$2,999
Employer contributions to the Henry County Nursing Home plan · 2022
Employer contribution per active participant$637
Median for plans this size$1,114

Henry County Nursing Home'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$2,999 · 0.08%
Similar plansHealth Care & Social Assistance · Alabama
Qchc Management Services AL$3.8M · 0.93%
Psychiatric Staffing, LLC AL$3.5M · 1.25%
Community Hospital Inc. AL$3.3M · 1.01%
The Arc of Walker County AL$3.2M · 0.06%
The Learning Tree, Inc. AL$3.1M · 1.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630962057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.