Plan Ledger DOL Form 5500 · updated monthly

The Reach Corporation403(b)

THE REACH CORPORATION 403(B) PLAN · MORGANFIELD, KY · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

The Reach Corporation reported $4,100 in plan administrative expenses for 2022: 0.86% of average plan assets, below the peer median. Employer contributions averaged $248 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (859th of 871), and 11,412th of 11,911 in health care & social assistance. In 2022, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$449,390
Participants with balances35
Active participants160
Employer contributions$39,679
Employee contributions$52,318
Employer contribution per active participant$248
Average account balance$12,840
Benefits paid to participants$60,425
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$850
Investment management$3,250
Total administrative$4,100
Employer contributions to the The Reach Corporation plan · 2022
Employer contribution per active participant$248
Median for plans this size$331

The Reach Corporation's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,100 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
McCloud Inc. KY$470K · 0.23%
Lifeline Homecare, Inc. KY$392K · 0.62%
Pillar KY$278K · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731503689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.