Plan Ledger DOL Form 5500 · updated monthly

Methodist Family Health, Inc.401(k)

METHODIST FAMILY HEALTH, INC. 401(K) PROFIT SHARING PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Methodist Family Health, Inc. reported $29,205 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,031 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 0.31% to 0.23%. 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 190th-largest of 456 plans among Arkansas employers on file, and the 4,797th of 11,911 in health care & social assistance. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 366 to 403 since 2022.

Plan summary
Net assets, end of year$13,490,555
Participants with balances635
Active participants403
Employer contributions$415,336
Employee contributions$1,050,580
Employer contribution per active participant$1,031
Average account balance$21,245
Benefits paid to participants$1,257,076
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 635 accts · $415K emplr
2023$11.8M · 578 accts · $371K emplr
2022$9.9M · 565 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,175
Investment management$4,030
Total administrative$29,205
The Methodist Family Health, Inc. 401(k) match · 2024
Employer contribution per active participant$1,031
Median for plans this size$2,416
2024$1,031 per active participant
2023$951 per active participant
2022$929 per active participant

Methodist Family Health, Inc.'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 · 20243
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants) · Investment advisory (plan)$16,405
DEFINITI, LLC · Loan processing · Other services$12,800
CETERA ADVISOR NETWORKS LLC · Insurance brokerindirect comp

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

Administrative cost history3
2024$29,205 · 0.23%
2023$27,374 · 0.25%
2022$32,922 · 0.31%
Similar plansHealth Care & Social Assistance · Arkansas
Practice Plus AR$17.4M · 0.36%
First Step, Inc. AR$16.3M · 0.44%
Families, Inc. AR$12.9M · 0.54%
Arkansas Hospice, Inc. AR$12.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020701560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.