Plan Ledger DOL Form 5500 · updated monthly

Jasper Health Services, Inc.403(b)

JASPER HEALTH SERVICES, INC. RETIREMENT PLAN · MONTICELLO, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Jasper Health Services, Inc. reported $5,613 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,186 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 fell from 0.23% to 0.09%. 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 Georgia (1,500th of 2,160), and 7,098th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 139 to 193 since 2022.

Plan summary
Net assets, end of year$6,503,381
Participants with balances134
Active participants193
Employer contributions$228,865
Employee contributions$348,735
Employer contribution per active participant$1,186
Average account balance$48,533
Benefits paid to participants$248,509
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 134 accts · $229K emplr
2023$5.6M · 151 accts · $198K emplr
2022$5.3M · 148 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,613
Total administrative$5,613
Employer contributions to the Jasper Health Services, Inc. plan · 2024
Employer contribution per active participant$1,186
Median for plans this size$1,313
2024$1,186 per active participant
2023$1,144 per active participant
2022$1,383 per active participant

Jasper Health Services, Inc.'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
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$5,613

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

Administrative cost history3
2024$5,613 · 0.09%
2023$16,992 · 0.31%
2022$13,002 · 0.23%
Similar plansHealth Care & Social Assistance · Georgia
Gwinnett Clinic LTD. GA$6.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582510435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.