Plan Ledger DOL Form 5500 · updated monthly

The Community Health Center of Lubbock, Inc.403(b)

403(B) THRIFT PLAN OF THE COMMUNITY HEALTH CENTER OF LUBBOCK, INC. · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

The Community Health Center of Lubbock, Inc. reported $37,121 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,915 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 0.46% to 0.58%. 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 Texas (3,635th of 5,688), and 6,917th of 11,911 in health care & social assistance. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,892,764
Participants with balances192
Active participants128
Employer contributions$245,072
Employee contributions$262,713
Employer contribution per active participant$1,915
Average account balance$35,900
Benefits paid to participants$242,409
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER SEGARS GILBERT & MOSS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 192 accts · $245K emplr
2023$6.0M · 191 accts · $223K emplr
2022$5.6M · 127 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,121
Total administrative$37,121
Employer contributions to the The Community Health Center of Lubbock, Inc. plan · 2024
Employer contribution per active participant$1,915
Median for plans this size$1,313
2024$1,915 per active participant
2023$1,687 per active participant
2022$1,744 per active participant

The Community Health Center of Lubbock, 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.

Service providers · 20244
NFP RETIREMENT, INC. · Investment advisory (plan)$18,501
ECONOMIC GROUP PENSION SERVICES, IN · Contract administrator$6,900
ECONOMIC GROUP PENSION SERVICES LLC · Contract administrator$550

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

Administrative cost history3
2024$37,121 · 0.58%
2023$23,868 · 0.41%
2022$27,821 · 0.46%
Similar plansHealth Care & Social Assistance · Texas
Aliviane, Inc TX$7.0M · 0.03%
Oci Holdings, LLC TX$6.7M · 0.99%
Guidehealth LLC TX$6.7M · 0.34%
El Paso Pain Center, P.A. TX$6.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752424925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.