Plan Ledger DOL Form 5500 · updated monthly

Hinds County Mental Health Commission dba Hinds Behavioral Health Serv401(k)

HINDS BEHAVIORAL HEALTH SERVICES 401(K) PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Hinds County Mental Health Commission dba Hinds Behavioral Health Serv reported $48,497 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $977 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 1.03% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Mississippi (246th of 367), and 8,049th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,747,830
Participants with balances201
Active participants205
Employer contributions$200,339
Employee contributions$352,327
Employer contribution per active participant$977
Average account balance$23,621
Benefits paid to participants$339,283
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 201 accts · $200K emplr
2023$4.1M · 183 accts · $248K emplr
2022$3.6M · 177 accts · $212K emplr
The Hinds County Mental Health Commission dba Hinds Behavioral Health Serv 401(k) match · 2024
Employer contribution per active participant$977
Median for plans this size$1,313
2024$977 per active participant
2023$1,322 per active participant
2022$1,072 per active participant

Hinds County Mental Health Commission dba Hinds Behavioral Health Serv's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,497 · 1.09%
2023$42,121 · 1.09%
2022$42,188 · 1.03%
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
Medico, LLC MS$6.5M · 2.50%
Kih Management, LLC MS$4.9M · 0.03%
Delta Health Center, Inc. MS$4.3M · 0.25%
St. Luke Foundation MS$4.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043609781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.