Plan Ledger DOL Form 5500 · updated monthly

The Baddour Center, Inc.403(b)

THE BADDOUR CENTER, INC. 403(B) RETIREMENT PLAN · SENATOBIA, MS · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

The Baddour Center, Inc. reported $11,660 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $199 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Mississippi (325th of 367), and 2,917th of 3,341 in other services. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,747,005
Participants with balances50
Active participants186
Employer contributions$37,060
Employee contributions$76,704
Employer contribution per active participant$199
Average account balance$34,940
Benefits paid to participants$396,557
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CUTRER AND LINDSAY, P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,619
Investment management$6,041
Total administrative$11,660
Employer contributions to the The Baddour Center, Inc. plan · 2022
Employer contribution per active participant$199
Median for plans this size$1,114

The Baddour Center, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,660 · 0.55%
Similar plansOther Services · Mississippi
Crenshaw Christian Center CA$1.8M · 0.05%
Inflight, Inc. NY$1.8M · 0.04%
Truventure LLC CA$1.8M · 1.09%
Hawaii Care & Cleaning HI$1.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640578661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.