Plan Ledger DOL Form 5500 · updated monthly

The Health Care Authority for Baptist Health, an Aff of Uab Hlth SystmProfit-sharing plan

THE HEALTH CARE AUTHORITY FOR BAPTIST HEALTH MATCHING DOLLAR PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

The Health Care Authority for Baptist Health, an Aff of Uab Hlth Systm reported $49,565 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,588 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 fell from 0.12% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 144th-largest of 902 plans among Alabama employers on file, and the 1,907th of 11,911 in health care & social assistance. active participation has grown from 2,207 to 2,435 since 2022.

Plan summary
Net assets, end of year$48,988,463
Participants with balances3,459
Active participants2,435
Employer contributions$3,866,548
Employee contributions—
Employer contribution per active participant$1,588
Average account balance$14,163
Benefits paid to participants$4,345,938
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON THORNTON & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$49.0M · 3,459 accts · $3.9M emplr
2023$44.5M · 3,357 accts · $3.5M emplr
2022$37.6M · 3,286 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,565
Total administrative$49,565
Employer contributions to the The Health Care Authority for Baptist Health, an Aff of Uab Hlth Systm plan · 2024
Employer contribution per active participant$1,588
Median for plans this size$2,416
2024$1,588 per active participant
2023$1,598 per active participant
2022$1,538 per active participant

The Health Care Authority for Baptist Health, an Aff of Uab Hlth Systm's 2024 employer contribution ran below the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$48,943
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$622
CHARLES SCHWAB & CO., INC. · Securities brokerage$55
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$49,565 · 0.11%
2023$49,408 · 0.12%
2022$49,621 · 0.12%
Similar plansHealth Care & Social Assistance · Alabama
Naphcare U.S., Inc. AL$61.1M · 0.33%
Oncology Specialties, P.C. AL$58.8M · 0.41%
The Orthopaedic Group, P.C. AL$47.7M · 0.03%
Encore Rehabilitation, Inc. AL$47.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203204949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.