Plan Ledger DOL Form 5500 · updated monthly

Southeast Georgia Health System, Inc.403(b)

SOUTHEAST GEORGIA HEALTH SYSTEM, INC. 403(B) RETIREMENT SAVINGS PLAN · BRUNSWICK, GA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Southeast Georgia Health System, Inc. reported $449,823 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,206 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 0.33% to 0.23%. 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 172nd-largest of 2,160 plans among Georgia employers on file, and the 630th of 11,911 in health care & social assistance. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$203,705,125
Participants with balances3,538
Active participants2,528
Employer contributions$8,104,333
Employee contributions$10,403,940
Employer contribution per active participant$3,206
Average account balance$57,576
Benefits paid to participants$22,378,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$203.7M · 3,538 accts · $8.1M emplr
2023$180.6M · 3,160 accts · $7.6M emplr
2022$154.1M · 3,022 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$449,823
Total administrative$449,823
Employer contributions to the Southeast Georgia Health System, Inc. plan · 2024
Employer contribution per active participant$3,206
Median for plans this size$3,635
2024$3,206 per active participant
2023$2,792 per active participant
2022$2,771 per active participant

Southeast Georgia Health System, 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 · 20246
NEW EDGE ADVISORS, LLC · Investment advisory (plan)$160,477
RETIREMENT PLAN ADMINISTRATORS, LLC$52,287
JACOBS, COOLIDGE & COMPANY, LLC · Investment advisory (plan)$38,420
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$17,186
EMPOWER ADVISORY GROUP, LLP · Investment management$9,038

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$449,823 · 0.23%
2023$484,378 · 0.29%
2022$559,630 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Aveanna Healthcare GA$234.3M · 0.37%
Shepherd Center, Inc. GA$223.6M · 0.07%
Floyd Healthcare Management GA$205.2M · 0.22%
Resurgens, P.C. GA$187.3M · 0.14%
Scp Eye Care Services, LLC GA$185.3M · 0.13%
Au Medical Center, Inc. GA$148.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581911751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.