Plan Ledger DOL Form 5500 · updated monthly

Southern Crescent Womens Healthcare, P. C.401(k)

SOUTHERN CRESCENT WOMEN'S HEALTHCARE, P.C. 401(K) PLAN · FAYETTEVILLE, GA · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Southern Crescent Womens Healthcare, P. C. reported $40,900 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $4,642 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 fell from 1.13% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,584th of 2,160), and 7,694th of 11,911 in health care & social assistance. In 2023, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,394,959
Participants with balances95
Active participants70
Employer contributions$324,959
Employee contributions$411,351
Employer contribution per active participant$4,642
Average account balance$56,789
Benefits paid to participants$731,902
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.4M · 95 accts · $325K emplr
2022$4.8M · 118 accts · $343K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,014
Investment management$6,607
Audit (IQPA)$13,900
Trustee / custodial$1,238
Total administrative$40,900
The Southern Crescent Womens Healthcare, P. C. 401(k) match · 2023
Employer contribution per active participant$4,642
Median for plans this size$1,308
2023$4,642 per active participant
2022$5,126 per active participant

Southern Crescent Womens Healthcare, P. C.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20237
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$10,793
BLUESTAR RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$7,221
CRI TPA SERVICES, LLC · Recordkeeping · Loan processing$1,140
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$150
CARON & BLETZER PLLC · Accounting / audit$13,900
LEVEL FOUR FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$6,607
CHARLES SCHWAB BANK · Custodial (securities)$1,238

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

Administrative cost history2
2023$40,900 · 0.80%
2022$57,115 · 1.13%
Similar plansHealth Care & Social Assistance · Georgia
Chris 180, Inc. GA$5.4M · 0.85%
Phoenix Senior Living GA$5.4M · 5.07%
Vsm Management, LLC GA$5.2M · 1.03%
The Sheltering Arms GA$5.1M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582345264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.