Plan Ledger DOL Form 5500 · updated monthly

Mizell Memorial Hospital, Inc.401(k)

MIZELL MEMORIAL HOSPITAL, INC. 403(B) RETIREMENT PLAN · OPP, AL · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Mizell Memorial Hospital, Inc. reported $996 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $49 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (775th of 902), and 9,732nd of 11,911 in health care & social assistance. In 2022, employees put in $13.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,379,931
Participants with balances87
Active participants258
Employer contributions$12,522
Employee contributions$170,199
Employer contribution per active participant$49
Average account balance$27,356
Benefits paid to participants$830,022
Plan auditDisclaimer of opinion
AuditorBRUNSON WILKERSON BOWDEN & ASSOCIAT
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$996
Total administrative$996
The Mizell Memorial Hospital, Inc. 401(k) match · 2022
Employer contribution per active participant$49
Median for plans this size$1,114

Mizell Memorial Hospital, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$996 · 0.04%
All plans at this employer2
MIZELL MEMORIAL HOSPITAL, INC. 403(B) RETIREMENT PLAN401(k)
MIZELL MEMORIAL HOSPITAL, INC. 401(A) RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Extendicare, Inc. AL$2.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630307951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.