Plan Ledger DOL Form 5500 · updated monthly

Mississippi Methodist Senior Services Inc.403(b)

MMSS 403B PLAN · TUPELO, MS · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Mississippi Methodist Senior Services Inc. reported $36,616 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.596%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Mississippi (218th of 367), and 7,115th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,466,351
Participants with balances273
Active participants918
Employer contributions$0
Employee contributions$494,383
Employer contribution per active participant$0
Average account balance$23,686
Benefits paid to participants$477,532
Plan auditDisclaimer of opinion
AuditorWATKINS WARD AND STAFFORD PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 273 accts
2023$5.8M · 280 accts
2022$5.1M · 281 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,146
Investment management$34,470
Total administrative$36,616
Employer contributions to the Mississippi Methodist Senior Services Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Mississippi Methodist Senior Services Inc.'s 2024 employer contribution ran below the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,596
BALLEW RUSSELL INC · Investment advisory (participants) · Investment advisory (plan)$34,470

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,616 · 0.60%
2023$32,792 · 0.60%
2022$33,008 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
SA Holding Company, Inc. MS$8.3M · 1.03%
Medico, LLC MS$6.5M · 2.50%
Kih Management, LLC MS$4.9M · 0.03%
Delta Health Center, Inc. MS$4.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 646026549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.