Plan Ledger DOL Form 5500 · updated monthly

Southwest Virginia Community Health System, Inc.403(b)

SOUTHWEST VIRGINIA COMMUNITY HEALTH SYSTEM, INC. 403(B) RETIREMENT PLAN · MEADOWVIEW, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Southwest Virginia Community Health System, Inc. reported $1,510 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,884 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 rose from 0.01% to 0.03%. 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 Virginia (1,716th of 2,266), and 7,199th of 11,911 in health care & social assistance. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,297,575
Participants with balances264
Active participants171
Employer contributions$322,138
Employee contributions$441,934
Employer contribution per active participant$1,884
Average account balance$23,854
Benefits paid to participants$402,947
Plan auditUnmodified (clean) audit opinion
AuditorROBINSON FARMER COX ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 264 accts · $322K emplr
2023$5.2M · 229 accts · $294K emplr
2022$4.4M · 201 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,510
Total administrative$1,510
Employer contributions to the Southwest Virginia Community Health System, Inc. plan · 2024
Employer contribution per active participant$1,884
Median for plans this size$1,313
2024$1,884 per active participant
2023$1,802 per active participant
2022$1,752 per active participant

Southwest Virginia Community Health System, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$1,510 · 0.03%
2023Not separately reported
2022$654 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
The Medical Team, Inc. VA$6.8M · 1.06%
Barry Robinson Center VA$6.7M · 0.78%
Tri-Area Community Health VA$6.3M · 0.20%
Capital Healthcare, PC VA$5.9M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542046110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.