Plan Ledger DOL Form 5500 · updated monthly

Magee General Hospital403(b)

MAGEE GENERAL HOSPITAL 403(B) PLAN · MAGEE, MS · plan year 2024

Reported admin expense ratio · 2024
0.75%

Magee General Hospital reported $27,340 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. 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 1.63% to 0.75%. 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 Mississippi (271st of 367), and 8,729th of 11,911 in health care & social assistance. active participation has shrunk from 208 to 178 since 2022.

Plan summary
Net assets, end of year$3,744,722
Participants with balances150
Active participants178
Employer contributions—
Employee contributions$191,916
Employer contribution per active participant—
Average account balance$24,965
Benefits paid to participants$452,881
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 150 accts
2023$3.6M · 161 accts
2022$3.0M · 150 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,340
Total administrative$27,340
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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$2,185
ELEMENT WEALTH LLC · Investment advisory (participants) · Investment advisory (plan)$14,297
HUB INTERNATIONAL GULF SOUTH · Contract administrator$9,510

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$27,340 · 0.75%
2023$39,373 · 1.19%
2022$54,488 · 1.63%
Similar plansHealth Care & Social Assistance · Mississippi
Sentrycare, Inc. MS$2.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640324402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.