Plan Ledger DOL Form 5500 · updated monthly

Kershawhealth403(b)

KERSHAWHEALTH 403B RETIREMENT PLAN · CAMDEN, SC · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Kershawhealth reported $13,651 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $151 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 0.40% to 0.17%. 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 South Carolina (469th of 807), and 6,333rd of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 1 to 25 since 2022.

Plan summary
Net assets, end of year$8,287,179
Participants with balances44
Active participants25
Employer contributions$3,778
Employee contributions$3,778
Employer contribution per active participant$151
Average account balance$188,345
Benefits paid to participants$423,386
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 44 accts · $4K emplr
2023$7.8M · 123 accts · $4K emplr
2022$7.5M · 138 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,651
Total administrative$13,651
Employer contributions to the Kershawhealth plan · 2024
Employer contribution per active participant$151
Median for plans this size$1,313
2024$151 per active participant
2023$3,600 per active participant
2022$3,513 per active participant

Kershawhealth's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
STANLEY BENEFITS · Recordkeeping · Participant communication$13,651

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

Recordkeeper by year2
2024STANLEY BENEFITS
2023STANLEY BENEFITS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,651 · 0.17%
2023$14,826 · 0.19%
2022$34,621 · 0.40%
Similar plansHealth Care & Social Assistance · South Carolina
We Are Sharing Hope Sc SC$8.7M · 0.62%
Intramed Plus, Inc. SC$8.5M · 0.55%
Tandem Health Sc SC$8.1M · 0.55%
Vikor Scientific, LLC SC$7.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 576005963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.