Plan Ledger DOL Form 5500 · updated monthly

Sisters of Mercy Urgent Care, Inc.403(b)

SISTERS OF MERCY URGENT CARE, INC. DBA MERCY URGENT CARE EMPLOYEE RETIREMENT PLAN · ASHEVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Sisters of Mercy Urgent Care, Inc. reported $23,563 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $973 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 North Carolina (1,569th of 2,005), and 8,589th of 11,911 in health care & social assistance. In 2022, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,944,823
Participants with balances95
Active participants108
Employer contributions$105,131
Employee contributions$296,590
Employer contribution per active participant$973
Average account balance$41,524
Benefits paid to participants$115,635
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, HOLLAND, WHITESELL & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,563
Total administrative$23,563
Employer contributions to the Sisters of Mercy Urgent Care, Inc. plan · 2022
Employer contribution per active participant$973
Median for plans this size$1,114

Sisters of Mercy Urgent Care, 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$23,563 · 0.57%
Similar plansHealth Care & Social Assistance · North Carolina
Resources for Seniors NC$4.1M · 0.03%
Randolph Health, Inc. NC$4.0M · 0.36%
Mosaic Group, LLC NC$3.9M · 1.20%
Covenant Village, Inc. NC$3.9M · 0.43%
Cooperriis, Inc NC$3.8M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561463611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.