Plan Ledger DOL Form 5500 · updated monthly

Island Health Care, Inc.401(k)

ISLAND HEALTH CARE, INC. 401(K) PLAN · SAVANNAH, GA · plan year 2022

Reported admin expense ratio · 2022
0.73%

Island Health Care, Inc. reported $26,608 in plan administrative expenses for 2022: 0.73% of average plan assets, above 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.

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 Georgia (1,801st of 2,160), and 9,056th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,275,785
Participants with balances59
Active participants42
Employer contributions—
Employee contributions$120,313
Employer contribution per active participant—
Average account balance$55,522
Benefits paid to participants$160,527
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA, LLP
Administrative expenses, itemized · 2022
Investment management$18,282
Professional / advisory$8,326
Total administrative$26,608
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$26,608 · 0.73%
Similar plansHealth Care & Social Assistance · Georgia
Medside Corporation GA$3.6M · 0.21%
Longleaf Hospice, LLC GA$3.3M · 0.81%
Georgia Bone & Joint, LLC GA$3.2M · 0.97%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 571017624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.