Plan Ledger DOL Form 5500 · updated monthly

Southeast Missouri Hospital Association403(b)

SOUTHEASTHEALTH RETIREMENT PLAN · CAPE GIRARDEAU, MO · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Southeast Missouri Hospital Association reported $243,482 in plan administrative expenses for 2023: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,145 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 1 year on file its reported administrative ratio rose from 0.17% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 181st-largest of 1,393 plans among Missouri employers on file, and the 1,050th of 11,911 in health care & social assistance. In 2023, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 2,054 to 2,415 since 2022.

Plan summary
Net assets, end of year$106,128,225
Participants with balances2,756
Active participants2,415
Employer contributions$2,765,135
Employee contributions$7,814,801
Employer contribution per active participant$1,145
Average account balance$38,508
Benefits paid to participants$11,564,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$106.1M · 2,756 accts · $2.8M emplr
2022$91.3M · 2,693 accts · $2.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$163,264
Investment management$80,218
Total administrative$243,482
Employer contributions to the Southeast Missouri Hospital Association plan · 2023
Employer contribution per active participant$1,145
Median for plans this size$3,659
2023$1,145 per active participant
2022$1,398 per active participant

Southeast Missouri Hospital Association's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$163,264
CONCORD ADVISORY GROUP LTD. · Accounting / audit$80,218

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

Recordkeeper by year2
2024OneAmerica
2023CONCORD ADVISORY GROUP INC., OneAmerica

This plan has changed recordkeepers within these filings. If you left Southeast Missouri Hospital Association before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$243,482 · 0.25%
2022$171,753 · 0.17%
All plans at this employer2
SOUTHEASTHEALTH 401A PLAN401(k)
SOUTHEASTHEALTH RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Lake Regional Health System MO$116.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430654874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.