Plan Ledger DOL Form 5500 · updated monthly

Pafford Medical Services, Inc.403(b)

PAFFORD MEDICAL SERVICES 401(K) PLAN · HOPE, AR · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Pafford Medical Services, Inc. reported $9,482 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $174 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 0.17% to 0.18%. 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 Arkansas (306th of 456), and 7,545th of 11,911 in health care & social assistance. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 1,021 to 1,554 since 2022.

Plan summary
Net assets, end of year$5,658,540
Participants with balances348
Active participants1,554
Employer contributions$271,141
Employee contributions$736,671
Employer contribution per active participant$174
Average account balance$16,260
Benefits paid to participants$568,370
Plan auditDisclaimer of opinion
AuditorTBD
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 348 accts · $271K emplr
2023$4.6M · 329 accts · $335K emplr
2022$3.0M · 317 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,482
Total administrative$9,482
The Pafford Medical Services, Inc. 401(k) match · 2024
Employer contribution per active participant$174
Median for plans this size$1,313
2024$174 per active participant
2023$328 per active participant

Pafford Medical Services, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$9,482 · 0.18%
2023$12,399 · 0.33%
2022$3,737 · 0.17%
Similar plansHealth Care & Social Assistance · Arkansas
Howard Memorial Hospital AR$6.0M · 0.84%
Home Office, LLC AR$4.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710827582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.