Plan Ledger DOL Form 5500 · updated monthly

Mississippi Methodist Hospital and Rehabilitation Center, Inc.403(b)

MISSISSIPPI METHODIST HOSPITAL AND REHABILITATION CENTER RETIREMENT PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Mississippi Methodist Hospital and Rehabilitation Center, Inc. reported $135,426 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,511 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 0.42% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 42nd-largest of 367 plans among Mississippi employers on file, and the 1,689th of 11,911 in health care & social assistance. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has shrunk from 743 to 601 since 2022.

Plan summary
Net assets, end of year$57,195,612
Participants with balances803
Active participants601
Employer contributions$1,509,162
Employee contributions$2,002,747
Employer contribution per active participant$2,511
Average account balance$71,227
Benefits paid to participants$5,318,696
Plan auditUnmodified (clean) audit opinion
AuditorCRI
Plan history3
Yearassets · accounts · employer contribution
2024$57.2M · 803 accts · $1.5M emplr
2023$53.2M · 872 accts · $1.3M emplr
2022$46.9M · 886 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,426
Total administrative$135,426
Employer contributions to the Mississippi Methodist Hospital and Rehabilitation Center, Inc. plan · 2024
Employer contribution per active participant$2,511
Median for plans this size$3,635
2024$2,511 per active participant
2023$1,583 per active participant
2022$1,616 per active participant

Mississippi Methodist Hospital and Rehabilitation Center, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241

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$135,426 · 0.25%
2023$201,199 · 0.40%
2022$223,808 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
Hattiesburg Clinic, P.A. MS$402.2M · 0.02%
Jackson Heart Clinic, P.A. MS$42.1M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 237067206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.