Plan Ledger DOL Form 5500 · updated monthly

Washington Regional Medical System401(k)

WASHINGTON REGIONAL 401(K) PLAN · FAYETTEVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Washington Regional Medical System reported $338,812 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,703 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 0.12% to 0.15%. 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 21st-largest of 456 plans among Arkansas employers on file, and the 565th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 3,507 to 3,913 since 2022.

Plan summary
Net assets, end of year$240,478,666
Participants with balances2,724
Active participants3,913
Employer contributions$6,665,446
Employee contributions$13,389,016
Employer contribution per active participant$1,703
Average account balance$88,281
Benefits paid to participants$18,912,208
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.5M · 2,724 accts · $6.7M emplr
2023$212.7M · 2,621 accts · $4.8M emplr
2022$189.5M · 2,654 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$282,869
Investment management$55,943
Total administrative$338,812
The Washington Regional Medical System 401(k) match · 2024
Employer contribution per active participant$1,703
Median for plans this size$3,635
2024$1,703 per active participant
2023$1,400 per active participant
2022$2,146 per active participant

Washington Regional Medical System's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$282,868
NFP RETIREMENT · Investment advisory (plan)$56,000

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$338,812 · 0.15%
2023$350,253 · 0.17%
2022$251,747 · 0.12%
Similar plansHealth Care & Social Assistance · Arkansas
Baptist Health AR$658.3M · 0.14%
Arkansas Children's, Inc AR$445.7M · 0.07%
Aegis Therapies, Inc. AR$123.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710664686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.