Plan Ledger DOL Form 5500 · updated monthly

Tj Regional Health Inc.403(b)

TJ REGIONAL HEALTH INC. 403(B) PLAN · GLASGOW, KY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Tj Regional Health Inc. reported $286,164 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,320 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 0.30% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 100th-largest of 871 plans among Kentucky employers on file, and the 1,259th of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,249,172
Participants with balances1,620
Active participants1,498
Employer contributions$3,475,016
Employee contributions$6,372,878
Employer contribution per active participant$2,320
Average account balance$51,388
Benefits paid to participants$3,067,628
Plan auditDisclaimer of opinion
AuditorTAYLOR POLSON & CO CPA PSC
Plan history3
Yearassets · accounts · employer contribution
2024$83.2M · 1,620 accts · $3.5M emplr
2023$67.2M · 1,558 accts · $3.0M emplr
2022$53.0M · 1,496 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$286,164
Total administrative$286,164
Employer contributions to the Tj Regional Health Inc. plan · 2024
Employer contribution per active participant$2,320
Median for plans this size$3,635
2024$2,320 per active participant
2023$2,163 per active participant
2022$2,020 per active participant

Tj Regional Health Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$286,163
ROBERT W. BAIRD & CO. INCORPORATED · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$286,164 · 0.38%
2023$225,932 · 0.38%
2022$165,868 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
One Anesthesia, PLLC KY$76.8M · 0.22%
Hospice of the Bluegrass KY$67.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610461767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.