Plan Ledger DOL Form 5500 · updated monthly

John Ed Chambers Memorial Hospital, Inc.401(k)

JOHN ED CHAMBERS MEMORIAL HOSPITAL 401(K) PLAN · DANVILLE, AR · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

John Ed Chambers Memorial Hospital, Inc. reported $43,574 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,377 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 0.52% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 227th-largest of 456 plans among Arkansas employers on file, and the 5,635th of 11,911 in health care & social assistance. In 2023, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,214,100
Participants with balances174
Active participants228
Employer contributions$314,040
Employee contributions$563,399
Employer contribution per active participant$1,377
Average account balance$58,702
Benefits paid to participants$1,182,885
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 173 accts · $350K emplr
2023$10.2M · 174 accts · $314K emplr
2022$8.8M · 178 accts · $295K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,618
Investment management$755
Trustee / custodial$27,201
Total administrative$43,574
The John Ed Chambers Memorial Hospital, Inc. 401(k) match · 2023
Employer contribution per active participant$1,377
Median for plans this size$1,308
2024$1,458 per active participant
2023$1,377 per active participant
2022$1,273 per active participant

John Ed Chambers Memorial Hospital, Inc.'s 2023 employer contribution ran above the $1,308 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
REGIONS BANK DBA REGIONS TRUST · Trustee (directed)$27,201
EMPOWER ADVISORY GROUP, LLC · Investment management$755

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$46,278 · 0.46%
2023$43,574 · 0.46%
2022$51,368 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Easterseals Arkansas AR$11.1M · 1.14%
1ST Choice Healthcare Inc. AR$10.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 716044543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.