Plan Ledger DOL Form 5500 · updated monthly

Tift Regional Health System, Inc.403(b)

TIFT REGIONAL HEALTH SYSTEM 403(B) PLAN · ATHENS, GA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Tift Regional Health System, Inc. reported $399,730 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,849 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 0.08% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 94th-largest of 2,160 plans among Georgia employers on file, and the 388th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$406,013,219
Participants with balances4,543
Active participants2,531
Employer contributions$7,210,608
Employee contributions$11,113,496
Employer contribution per active participant$2,849
Average account balance$89,371
Benefits paid to participants$39,728,582
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$406.0M · 4,543 accts · $7.2M emplr
2023$376.0M · 4,514 accts · $7.3M emplr
2022$329.3M · 4,458 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,498
Investment management$198,232
Total administrative$399,730
Employer contributions to the Tift Regional Health System, Inc. plan · 2024
Employer contribution per active participant$2,849
Median for plans this size$4,294
2024$2,849 per active participant
2023$2,865 per active participant
2022$2,466 per active participant

Tift Regional Health System, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$201,498
CANNON FINANCIAL STRATEGISTS INC · Investment advisory (plan)$198,232
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MID ATLANTIC CAPITAL CORPORATION · Securities brokerageindirect comp
CHARLES SCHWAB & CO., INC. · 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$399,730 · 0.10%
2023$414,241 · 0.12%
2022$287,004 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Navicent Health, Inc. GA$575.0M · 0.01%
Curo Health Services, LLC GA$528.0M · 0.14%
Tanner Medical Center, Inc GA$434.6M · 0.09%
Au Health System, Inc. GA$325.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453072990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.