Plan Ledger DOL Form 5500 · updated monthly

Huntsville Emergency Medical Services, Inc.403(b)

HEMSI 403(B) PLAN · HUNTSVILLE, AL · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Huntsville Emergency Medical Services, Inc. reported $5,719 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,390 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 has held roughly steady near 0.054%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 422nd-largest of 902 plans among Alabama employers on file, and the 5,233rd of 11,911 in health care & social assistance. In 2023, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 276 to 311 since 2022.

Plan summary
Net assets, end of year$11,712,353
Participants with balances266
Active participants311
Employer contributions$432,303
Employee contributions$605,775
Employer contribution per active participant$1,390
Average account balance$44,031
Benefits paid to participants$172,617
Plan auditDisclaimer of opinion
AuditorBMSS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$11.7M · 266 accts · $432K emplr
2022$9.3M · 232 accts · $336K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,719
Total administrative$5,719
Employer contributions to the Huntsville Emergency Medical Services, Inc. plan · 2023
Employer contribution per active participant$1,390
Median for plans this size$2,440
2023$1,390 per active participant
2022$1,217 per active participant

Huntsville Emergency Medical Services, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,719
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024Not separately reported
2023$5,719 · 0.05%
2022$5,166 · 0.05%
Similar plansHealth Care & Social Assistance · Alabama
Southern Cancer Center, PC AL$15.2M · 0.11%
Saad Enterprises Inc. AL$14.8M · 0.99%
Bradford Health Services AL$11.7M · 0.68%
Glenwood Inc. AL$11.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630799285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.