Plan Ledger DOL Form 5500 · updated monthly

University of Alabama Health Services Foundation, P.C.403(b)

UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION P.C. 403(B) RETIREMENT ANNUITY PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

University of Alabama Health Services Foundation, P.C. reported $1,121,070 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $10,428 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 3 years on file its reported administrative ratio has held roughly steady near 0.076%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 5th-largest of 902 plans among Alabama employers on file, and the 116th of 11,911 in health care & social assistance. In 2024, the employer put in $1.93 for every $1.00 employees contributed themselves; active participation has grown from 4,555 to 5,019 since 2022.

Plan summary
Net assets, end of year$1,575,132,187
Participants with balances8,337
Active participants5,019
Employer contributions$52,339,579
Employee contributions$27,138,649
Employer contribution per active participant$10,428
Average account balance$188,933
Benefits paid to participants$66,212,138
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 8,337 accts · $52.3M emplr
2023$1.4B · 7,942 accts · $48.7M emplr
2022$1.2B · 7,424 accts · $42.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$594,040
Investment management$527,030
Total administrative$1,121,070
Employer contributions to the University of Alabama Health Services Foundation, P.C. plan · 2024
Employer contribution per active participant$10,428
Median for plans this size$5,259
2024$10,428 per active participant
2023$10,124 per active participant
2022$9,371 per active participant

University of Alabama Health Services Foundation, P.C.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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
TIAA · Recordkeeping · Pension consulting$593,845
JOHNSON STERLING, INC. · Consulting · Investment advisory (plan)$481,234
BERK CLEVELAND RATHMELL WEALTH STRA · Investment advisory (participants)$23,958
THE WELCH GROUP, LLC · Investment management$19,797
FIDELITY INV INS OPERATIONS · Loan processing$2,235

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$1,121,070 · 0.08%
2023$921,066 · 0.07%
2022$997,153 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Atrius Mso, LLC MN$1.6B · 0.02%
Hawai'i Pacific Health HI$1.5B · 0.12%
Essilorluxottica USA Inc NY$1.5B · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630649108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.