Plan Ledger DOL Form 5500 · updated monthly

Southern Plains Medical, Inc.401(k)

SOUTHERN PLAINS MEDICAL CENTER, INC. 401(K) PLAN · CHICKASHA, OK · plan year 2022

Reported admin expense ratio · 2022
0.02%

Southern Plains Medical, Inc. reported $861 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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 Oklahoma (567th of 724), and 8,312th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,337,179
Participants with balances54
Active participants47
Employer contributions—
Employee contributions$69,927
Employer contribution per active participant—
Average account balance$80,318
Benefits paid to participants$397,927
Plan auditUnmodified (clean) audit opinion
AuditorNIREN PATEL, CPA
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$861 · 0.02%
Similar plansHealth Care & Social Assistance · Oklahoma
Enhance Management LLC OK$3.9M · 0.03%
Spring Dental OK$3.8M · 2.57%
The Winters Group LLC OK$3.3M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 730764194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.