Plan Ledger DOL Form 5500 · updated monthly

Macon Hospital Inc.403(b)

MACON COMMUNITY HOSPITAL 403B PLAN · LAFAYETTE, TN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Macon Hospital Inc. reported $9,817 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $740 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 0.29% to 0.18%. 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 Tennessee (1,025th of 1,496), and 7,475th of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,792,133
Participants with balances131
Active participants226
Employer contributions$167,229
Employee contributions$374,345
Employer contribution per active participant$740
Average account balance$44,215
Benefits paid to participants$365,755
Plan auditUnmodified (clean) audit opinion
AuditorKRAFTCPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 131 accts · $167K emplr
2023$5.0M · 114 accts · $169K emplr
2022$4.1M · 116 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,684
Investment management$2,133
Total administrative$9,817
Employer contributions to the Macon Hospital Inc. plan · 2024
Employer contribution per active participant$740
Median for plans this size$1,313
2024$740 per active participant
2023$681 per active participant
2022$521 per active participant

Macon Hospital 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$5,156
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$9,817 · 0.18%
2023$17,663 · 0.39%
2022$14,066 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Porter-Leath TN$6.1M · 1.05%
Tgs Holdings, LLC TN$5.9M · 0.80%
All Care Plus, Inc. TN$5.6M · 1.50%
Vanguard Healthcare, LLC TN$5.4M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620988604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.