Plan Ledger DOL Form 5500 · updated monthly

Medcare South, LLC401(k)

MEDCARE SOUTH 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.73%

Medcare South, LLC reported $111,329 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.73%. 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 1,000th-largest of 2,160 plans among Georgia employers on file, and the 4,412th of 11,911 in health care & social assistance. active participation has shrunk from 330 to 166 since 2022.

Plan summary
Net assets, end of year$15,355,759
Participants with balances310
Active participants166
Employer contributions—
Employee contributions$306,498
Employer contribution per active participant—
Average account balance$49,535
Benefits paid to participants$1,936,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 310 accts
2023$15.3M · 320 accts
2022$14.4M · 325 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,890
Investment management$38,189
Audit (IQPA)$16,250
Total administrative$111,329
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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$56,890
PENSIONMARK FINANCIAL GROUP · Investment advisory (plan) · Investment management$38,189
WINDHAM BRANNON LLC · Accounting / audit$16,250
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$111,329 · 0.73%
2023$111,632 · 0.75%
2022$121,091 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
US Carenet, Inc GA$15.4M · 0.06%
Medlink Georgia, Inc. GA$14.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201353960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.