Plan Ledger DOL Form 5500 · updated monthly

Jackson Medical Mall Foundation403(b)

JACKSON MEDICAL MALL FOUNDATION 403(B) PLAN · JACKSON, MS · plan year 2022

Reported admin expense ratio · 2022
1.35%

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

Jackson Medical Mall Foundation reported $23,093 in plan administrative expenses for 2022: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,060 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 Mississippi (326th of 367), and 10,315th of 11,911 in health care & social assistance. In 2022, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,684,616
Participants with balances110
Active participants109
Employer contributions$115,500
Employee contributions$148,177
Employer contribution per active participant$1,060
Average account balance$15,315
Benefits paid to participants$124,239
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EWING & CO., P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,623
Investment management$12,470
Total administrative$23,093
Employer contributions to the Jackson Medical Mall Foundation plan · 2022
Employer contribution per active participant$1,060
Median for plans this size$1,114

Jackson Medical Mall Foundation'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$23,093 · 1.35%
Similar plansHealth Care & Social Assistance · Mississippi
Golden Age, Inc. MS$2.3M · 0.01%
Trend Consultants, LLC MS$2.0M · 2.49%
Dr. Lake Garner MS$1.6M · 1.29%
Hospice Ministries, Inc MS$1.2M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640865274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.