Plan Ledger DOL Form 5500 · updated monthly

Medbridge Healthcare LLC401(k)

MEDBRIDGE HEALTHCARE 401(K) RETIREMENT PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Medbridge Healthcare LLC reported $89,515 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $287 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 1 year on file its reported administrative ratio rose from 0.15% to 0.69%. 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 354th-largest of 807 plans among South Carolina employers on file, and the 4,700th of 11,911 in health care & social assistance. In 2024, employees put in $7.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,964,742
Participants with balances546
Active participants528
Employer contributions$151,753
Employee contributions$1,202,313
Employer contribution per active participant$287
Average account balance$25,576
Benefits paid to participants$1,019,972
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.0M · 546 accts · $152K emplr
2023$12.1M · 478 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,916
Investment management$32,599
Total administrative$89,515
The Medbridge Healthcare LLC 401(k) match · 2024
Employer contribution per active participant$287
Median for plans this size$2,416
2024$287 per active participant
2023$418 per active participant

Medbridge Healthcare LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$56,915
THE HAYS FINANCIAL GROUP, LLC · Recordkeeping · Trustee$32,599

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

Recordkeeper by year2
2024ADP, THE HAYS FINANCIAL GROUP, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Medbridge Healthcare LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$89,515 · 0.69%
2023$17,151 · 0.15%
All plans at this employer2
MEDBRIDGE HEALTHCARE 401(K) RETIREMENT PLAN401(k)
MEDBRIDGE HEALTHCARE 401(K) RETIREMENT PLAN401(k)
Similar plansHealth Care & Social Assistance · South Carolina
TRIBE513, PA SC$16.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 342007361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.