What are the fees in the McBh, LLC 401(k) plan?

For plan year 2022, McBh, LLC reported $24,153 in plan administrative expenses, or 1.09% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the McBh, LLC 401(k)?

The average participant account balance was $32,200 for plan year 2022, based on 61 accounts.

McBh, LLC401(k)

Name: McBh, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MEDICAL CENTER BARBOUR 401(K) RETIREMENT PLAN · EUFAULA, AL · plan year 2022

Reported admin expense ratio · 2022

1.09%

McBh, LLC reported $24,153 in plan administrative expenses for 2022: 1.09% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (803rd of 902), and 10,084th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,964,194
Participants with balances61
Active participants186
Employer contributions—
Employee contributions$210,154
Employer contribution per active participant—
Average account balance$32,200
Benefits paid to participants$339,665
Plan auditUnmodified (clean) audit opinion
AuditorROBINSON, GRIMES AND COMPANY, P.C.

Administrative expenses, itemized · 2022

Investment management$24,153

Total administrative$24,153

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$24,153 · 1.09%

Same employer

McBh, LLC's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 822662475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.