Plan Ledger DOL Form 5500 · updated monthly

Oakhurst Medical Centers403(b)

OAKHURST MEDICAL CENTERS 403(B) PLAN · STONE MOUNTAIN, GA · plan year 2024

Employer contribution per participant · 2024
$710

Oakhurst Medical Centers's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,750,911 across 120 participant accounts, with employer contributions averaging $710 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Georgia (1,746th of 2,160), and 8,723rd of 11,911 in health care & social assistance. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has grown from 131 to 160 since 2022.

Plan summary
Net assets, end of year$3,750,911
Participants with balances120
Active participants160
Employer contributions$113,667
Employee contributions$392,922
Employer contribution per active participant$710
Average account balance$31,258
Benefits paid to participants$522,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 120 accts · $114K emplr
2023$3.3M · 119 accts · $101K emplr
2022$2.5M · 117 accts · $98K emplr
Employer contributions to the Oakhurst Medical Centers plan · 2024
Employer contribution per active participant$710
Median for plans this size$1,313
2024$710 per active participant
2023$707 per active participant
2022$747 per active participant

Oakhurst Medical Centers's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Thrive Senior Living, LLC GA$4.0M · 0.89%
Evans Memorial Hospital GA$3.7M · 0.06%
Medside Corporation GA$3.6M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581413957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.