Plan Ledger DOL Form 5500 · updated monthly

Little River Medical Center Inc.403(b)

LITTLE RIVER MEDICAL CENTER INC. 403B PLAN · LITTLE RIVER, SC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Little River Medical Center Inc. reported $3,077 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,477 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 0.04% to 0.02%. 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 344th-largest of 807 plans among South Carolina employers on file, and the 4,611th of 11,911 in health care & social assistance. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,337,891
Participants with balances563
Active participants373
Employer contributions$550,886
Employee contributions$1,413,228
Employer contribution per active participant$1,477
Average account balance$25,467
Benefits paid to participants$1,414,849
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 563 accts · $551K emplr
2023$12.4M · 507 accts · $469K emplr
2022$9.9M · 463 accts · $429K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,077
Total administrative$3,077
Employer contributions to the Little River Medical Center Inc. plan · 2024
Employer contribution per active participant$1,477
Median for plans this size$2,416
2024$1,477 per active participant
2023$1,306 per active participant
2022$1,195 per active participant

Little River Medical 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$5,552
EDWARD D JONES AND CO · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$3,077 · 0.02%
2023$2,455 · 0.02%
2022$4,390 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
TRIBE513, PA SC$16.8M · 0.44%
Medbridge Healthcare LLC SC$14.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570672117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.