Plan Ledger DOL Form 5500 · updated monthly

Ne Georgia Health System, Inc.401(k)

NE GEORGIA HEALTH SYSTEM 401K RETIREMENT SAVINGS PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ne Georgia Health System, Inc. reported $601,789 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,893 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 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 51st-largest of 2,160 plans among Georgia employers on file, and the 218th of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 9,952 to 11,682 since 2022.

Plan summary
Net assets, end of year$847,488,174
Participants with balances14,011
Active participants11,682
Employer contributions$33,791,997
Employee contributions$64,216,339
Employer contribution per active participant$2,893
Average account balance$60,487
Benefits paid to participants$59,719,889
Plan auditUnmodified (clean) audit opinion
AuditorPYA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$847.5M · 14,011 accts · $33.8M emplr
2023$710.2M · 13,622 accts · $27.3M emplr
2022$554.1M · 11,893 accts · $22.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$580,094
Investment management$21,695
Total administrative$601,789
The Ne Georgia Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$2,893
Median for plans this size$4,294
2024$2,893 per active participant
2023$2,506 per active participant
2022$2,257 per active participant

Ne Georgia Health System, Inc.'s 2024 employer contribution ran below the $4,294 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
ASCENSUS LLC · Loan processing · Recordkeeping$796,631
NEXTCAPITAL GROUP, INC. · Investment advisory (plan)$21,695

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$601,789 · 0.08%
2023$667,467 · 0.11%
2022$586,640 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Emory Healthcare, Inc. GA$2.8B · 0.04%
Northside Hospital, Inc. GA$1.8B · 0.10%
The Emory Clinic, Inc. GA$1.0B · 0.02%
Navicent Health, Inc. GA$575.0M · 0.01%
Curo Health Services, LLC GA$528.0M · 0.14%
Tanner Medical Center, Inc GA$434.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581694090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.