Plan Ledger DOL Form 5500 · updated monthly

Nhs Management, LLC401(k)

NHS AFFILIATED COMPANIES 401(K) PROFIT SHARING PLAN · TUSCALOOSA, AL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Nhs Management, LLC reported $166,662 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $471 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 0.22% to 0.18%. 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 76th-largest of 902 plans among Alabama employers on file, and the 1,125th of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 5,356 to 6,151 since 2022.

Plan summary
Net assets, end of year$97,231,717
Participants with balances1,829
Active participants6,151
Employer contributions$2,896,556
Employee contributions$5,632,171
Employer contribution per active participant$471
Average account balance$53,161
Benefits paid to participants$9,061,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.2M · 1,829 accts · $2.9M emplr
2023$86.2M · 1,532 accts · $2.9M emplr
2022$74.2M · 1,665 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,660
Investment management$75,002
Total administrative$166,662
The Nhs Management, LLC 401(k) match · 2024
Employer contribution per active participant$471
Median for plans this size$3,635
2024$471 per active participant
2023$708 per active participant
2022$545 per active participant

Nhs Management, LLC's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$91,660
REGIONS BANK · Investment advisory (plan)$75,000

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$166,662 · 0.18%
2023$174,360 · 0.22%
2022$178,558 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Rehab Employee Services, LLC AL$208.6M · 0.30%
Uab Medicine Enterprise AL$122.3M · 0.16%
Premier Medical Group, Inc. AL$83.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020646132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.