Plan Ledger DOL Form 5500 · updated monthly

Shepherd Center, Inc.403(b)

SHEPHERD CENTER 403(B) RETIREMENT SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Shepherd Center, Inc. reported $142,504 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,249 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 0.10% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 157th-largest of 2,160 plans among Georgia employers on file, and the 598th of 11,911 in health care & social assistance. In 2024, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$223,553,517
Participants with balances1,894
Active participants1,834
Employer contributions$4,125,214
Employee contributions$11,512,541
Employer contribution per active participant$2,249
Average account balance$118,032
Benefits paid to participants$19,399,868
Plan auditDisclaimer of opinion
AuditorBENNETT-THRASHER
Plan history3
Yearassets · accounts · employer contribution
2024$223.6M · 1,894 accts · $4.1M emplr
2023$200.1M · 1,898 accts · $4.2M emplr
2022$168.3M · 1,758 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,505
Investment management$999
Total administrative$142,504
Employer contributions to the Shepherd Center, Inc. plan · 2024
Employer contribution per active participant$2,249
Median for plans this size$3,635
2024$2,249 per active participant
2023$2,325 per active participant
2022$2,183 per active participant

Shepherd Center, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$141,505
CHARLES SCHWAB & CO., INC. · Securities brokerage$999

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$142,504 · 0.07%
2023$152,546 · 0.08%
2022$176,946 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
The Harbin Clinic, L.L.C. GA$318.2M · 0.02%
Pruitthealth, Inc. GA$267.0M · 0.53%
Aveanna Healthcare GA$234.3M · 0.37%
Floyd Healthcare Management GA$205.2M · 0.22%
Resurgens, P.C. GA$187.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510141601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.