Plan Ledger DOL Form 5500 · updated monthly

Rural Health, Inc.403(b)

RURAL HEALTH, INC. 403B RETIREMENT PLAN · ANNA, IL · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Rural Health, Inc. reported $65,842 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,579 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 0.02% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,201st of 3,702), and the 5,086th of 11,911 in health care & social assistance. In 2024, the employer put in $1.91 for every $1.00 employees contributed themselves; active participation has grown from 106 to 121 since 2022.

Plan summary
Net assets, end of year$12,256,836
Participants with balances114
Active participants121
Employer contributions$675,000
Employee contributions$352,533
Employer contribution per active participant$5,579
Average account balance$107,516
Benefits paid to participants$365,127
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 114 accts · $675K emplr
2023$10.2M · 108 accts
2022$8.6M · 113 accts · $725K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,842
Total administrative$65,842
Employer contributions to the Rural Health, Inc. plan · 2024
Employer contribution per active participant$5,579
Median for plans this size$2,416
2024$5,579 per active participant
2022$6,840 per active participant

Rural Health, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$65,842
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (plan)indirect comp
TRINITY PENSION CONSULTANTS INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$65,842 · 0.59%
2023$13,872 · 0.14%
2022$1,565 · 0.02%
Similar plansHealth Care & Social Assistance · Illinois
Kenneth Young Center IL$12.3M · 0.59%
Sinnissippi Centers, Inc. IL$12.3M · 0.24%
Ucan IL$12.0M · 0.98%
Hines & Associates, Inc. IL$11.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371056692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.