Plan Ledger DOL Form 5500 · updated monthly

Tandem Health Sc401(k)

TANDEM HEALTH 401(K) PLAN · SUMTER, SC · plan year 2024

Reported admin expense ratio · 2024
0.55%

Tandem Health Sc reported $41,437 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. 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 fell from 0.72% to 0.55%. 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 South Carolina (475th of 807), and 6,397th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,105,340
Participants with balances162
Active participants227
Employer contributions—
Employee contributions$524,768
Employer contribution per active participant—
Average account balance$50,033
Benefits paid to participants$320,868
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 162 accts
2023$6.9M · 155 accts · $215K emplr
2022$5.3M · 165 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,437
Total administrative$41,437
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 · 20242
3G RETIREMENT SERVICES LLC · Recordkeeping$2,970
LINCOLN NATIONAL CORPORATION · Contract administrator$38,466

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

Recordkeeper by year2
20243G RETIREMENT SERVICES LLC
20233G RETIREMENT SERVICES LLC

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

Administrative cost history3
2024$41,437 · 0.55%
2023$40,875 · 0.67%
2022$40,206 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Intramed Plus, Inc. SC$8.5M · 0.55%
Kershawhealth SC$8.3M · 0.17%
Vikor Scientific, LLC SC$7.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571095992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.