Plan Ledger DOL Form 5500 · updated monthly

Piedmont Community Health Plan, Inc.401(k)

PIEDMONT COMMUNITY HEALTH PLAN, INC. MATCHING TAX DEFERRED SAVINGS PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Piedmont Community Health Plan, Inc. reported $10,855 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,030 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 0.14% to 0.13%. 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 Virginia (1,508th of 2,266), and the 5,939th of 11,911 in health care & social assistance. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,308,189
Participants with balances110
Active participants170
Employer contributions$515,174
Employee contributions$558,137
Employer contribution per active participant$3,030
Average account balance$84,620
Benefits paid to participants$1,053,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 110 accts · $515K emplr
2023$7.8M · 227 accts · $509K emplr
2022$6.0M · 209 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,500
Investment management$136
Audit (IQPA)$4,219
Total administrative$10,855
The Piedmont Community Health Plan, Inc. 401(k) match · 2024
Employer contribution per active participant$3,030
Median for plans this size$1,313
2024$3,030 per active participant
2023$3,163 per active participant
2022$2,799 per active participant

Piedmont Community Health Plan, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,500

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$10,855 · 0.13%
2023$19,464 · 0.28%
2022$8,441 · 0.14%
Similar plansHealth Care & Social Assistance · Virginia
Blue Ridge Hospice, Inc. VA$8.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541755768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.