Plan Ledger DOL Form 5500 · updated monthly

Narmc401(k)

NORTH ARKANSAS REGIONAL MEDICAL CENTER 401(K) PLAN · HARRISON, AR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Narmc reported $142,188 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,541 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 rose from 0.26% to 0.30%. 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 79th-largest of 456 plans among Arkansas employers on file, and the 1,882nd of 11,911 in health care & social assistance. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,765,940
Participants with balances1,073
Active participants762
Employer contributions$1,173,864
Employee contributions$2,863,641
Employer contribution per active participant$1,541
Average account balance$46,380
Benefits paid to participants$5,864,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.8M · 1,073 accts · $1.2M emplr
2023$45.3M · 1,191 accts · $1.2M emplr
2022$37.8M · 1,180 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,459
Investment management$67,729
Total administrative$142,188
The Narmc 401(k) match · 2024
Employer contribution per active participant$1,541
Median for plans this size$2,416
2024$1,541 per active participant
2023$1,639 per active participant
2022$1,550 per active participant

Narmc's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,459
LPL FINANCIAL LLC · Investment advisory (plan)$67,729

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$142,188 · 0.30%
2023$113,728 · 0.27%
2022$107,607 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Stein & Associates, LLC AR$49.8M · 0.34%
Arcare AR$49.0M · 0.03%
Arisa Health, Inc AR$48.3M · 0.12%
Arkansas Methodist Hospital AR$24.7M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 710787860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.