Plan Ledger DOL Form 5500 · updated monthly

Rural Health Services, Inc.403(b)

RURAL HEALTH SERVICES, INC. 403(B) PLAN · AIKEN, SC · plan year 2022

Reported admin expense ratio · 2022
1.40%

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

Rural Health Services, Inc. reported $20,457 in plan administrative expenses for 2022: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $670 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (725th of 807), and 10,496th of 11,911 in health care & social assistance. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,465,462
Participants with balances72
Active participants154
Employer contributions$103,189
Employee contributions$202,126
Employer contribution per active participant$670
Average account balance$20,354
Benefits paid to participants$279,831
Plan auditUnmodified (clean) audit opinion
AuditorTERRY HORNE, CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,457
Total administrative$20,457
Employer contributions to the Rural Health Services, Inc. plan · 2022
Employer contribution per active participant$670
Median for plans this size$1,114

Rural Health Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,457 · 1.40%
Similar plansHealth Care & Social Assistance · South Carolina
Vessel Medical, Inc. SC$1.9M · 1.23%
Tri-County Therapy SC$1.8M · 0.26%
Bright Start, LLC SC$1.5M · 0.05%
Equiscript, LLC SC$1.2M · 1.06%
Personal Care, Inc. SC$701K · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237085643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.