Plan Ledger DOL Form 5500 · updated monthly

Lewis County Primary Care Center, Inc.403(b)

LEWIS COUNTY PRIMARY CARE 403(B) PLAN · VANCEBURG, KY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Lewis County Primary Care Center, Inc. reported $81,680 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,734 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 0.57% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 306th-largest of 871 plans among Kentucky employers on file, and the 3,873rd of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 413 to 455 since 2022.

Plan summary
Net assets, end of year$18,674,057
Participants with balances377
Active participants455
Employer contributions$788,820
Employee contributions$1,857,591
Employer contribution per active participant$1,734
Average account balance$49,533
Benefits paid to participants$818,500
Plan auditUnmodified (clean) audit opinion
AuditorRFH, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 377 accts · $789K emplr
2023$14.4M · 360 accts · $697K emplr
2022$10.6M · 306 accts · $611K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,680
Total administrative$81,680
Employer contributions to the Lewis County Primary Care Center, Inc. plan · 2024
Employer contribution per active participant$1,734
Median for plans this size$2,416
2024$1,734 per active participant
2023$1,625 per active participant
2022$1,479 per active participant

Lewis County Primary Care Center, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan) · Pension consulting$62,787
CGRPS$19,357
CREATIVE RETIREMENT SYSTEMS, INC. · Accounting / audit · Actuarial$5,475

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$81,680 · 0.49%
2023$72,190 · 0.58%
2022$61,830 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Home of the Innocents, Inc. KY$20.4M · 0.21%
Ohio County Hospital KY$19.5M · 0.28%
Big Sandy Health Care, Inc KY$17.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611033691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.