Plan Ledger DOL Form 5500 · updated monthly

Southside Medical Center, Inc.403(b)

SOUTHSIDE MEDICAL CENTER INC SAVE RETIREMENT PLAN PART II · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Southside Medical Center, Inc. reported $5,655 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $646 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 3 years on file its reported administrative ratio rose from 0.06% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,387th of 2,160), and 6,504th of 11,911 in health care & social assistance. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,890,038
Participants with balances263
Active participants239
Employer contributions$154,381
Employee contributions$464,656
Employer contribution per active participant$646
Average account balance$30,000
Benefits paid to participants$731,931
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.4M · 316 accts · $157K emplr
2024$7.9M · 263 accts · $154K emplr
2023$7.0M · 179 accts · $169K emplr
2022$5.6M · 163 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,655
Total administrative$5,655
Employer contributions to the Southside Medical Center, Inc. plan · 2024
Employer contribution per active participant$646
Median for plans this size$1,313
2025$653 per active participant
2024$646 per active participant
2023$721 per active participant
2022$532 per active participant

Southside Medical Center, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$5,655

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

Recordkeeper by year3
2025Ascensus
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$20,473 · 0.27%
2024$5,655 · 0.08%
2023$3,076 · 0.05%
2022$3,942 · 0.06%
Similar plansHealth Care & Social Assistance · Georgia

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Source: U.S. Department of Labor, Form 5500 series, EIN 581131002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.