Plan Ledger DOL Form 5500 · updated monthly

Ouachita Regional Counseling and Mental Health Center, Inc401(k)

OUACHITA REGIONAL COUNSELING AND MENTAL HEALTH CENTER, INC. RETIREMENT PLAN · HOT SPRINGS, AR · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Ouachita Regional Counseling and Mental Health Center, Inc reported $12,629 in plan administrative expenses for 2023: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,260 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 has held roughly steady near 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arkansas (344th of 456), and 8,696th of 11,911 in health care & social assistance. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,786,994
Participants with balances90
Active participants91
Employer contributions$114,645
Employee contributions$206,457
Employer contribution per active participant$1,260
Average account balance$42,078
Benefits paid to participants$176,732
Plan auditUnmodified (clean) audit opinion
AuditorATA, PLLC.
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 90 accts · $115K emplr
2022$3.2M · 114 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,623
Investment management$10,006
Total administrative$12,629
The Ouachita Regional Counseling and Mental Health Center, Inc 401(k) match · 2023
Employer contribution per active participant$1,260
Median for plans this size$1,308
2023$1,260 per active participant
2022$1,217 per active participant

Ouachita Regional Counseling and Mental Health Center, Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$2,623
PRIME CAPITAL INVEST. ADVISORS · Investment advisory (plan)$10,006

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

Administrative cost history2
2023$12,629 · 0.36%
2022$11,398 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Healthy Connections, Inc. AR$4.1M · 0.16%
Care IV, Inc. dba Care IV AR$3.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710401764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.