Kentucky › Health care and social assistance › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Appalachian Regional Healthcare, Inc. Voluntary Plan
Sponsored by Appalachian Regional Healthcare Inc., Hazard, KY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Appalachian Regional Healthcare Inc. of Hazard, Kentucky sponsors Appalachian Regional Healthcare, Inc. Voluntary Plan, a 403(b) plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 595 participants (555 active) and $28.1M in net assets.
Net assets came to $49,366 per participant in plan year 2024, above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $21K: $36.10 per participant, well below the same-size median of $113. Administrative expenses charged to the plan were $21K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $23.3M in 2009 to $28.1M in 2025 (up 21%), and participants from 2,097 to 595 (down 72%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $49,366 | $46,267 | $30,764 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $1,536 | $2,175 |
| Schedule C compensation per participant | $25.09 | $113 | $93.85 | $123 |
| Schedule C compensation, share of net assets | 0.05% | 0.25% | 0.31% | 0.26% |
| Administrative expenses per participant | $32.16 | $109 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 595 | $28.1M | $47,249 | — | $182K | $21K |
| 2024 | 592 | $29.2M | $49,365 | — | $154K | $15K |
| 2023 | 465 | $28.9M | $62,142 | — | $74K | $7,000 |
| 2022 | 621 | $29.8M | $48,000 | — | $143K | $14K |
| 2021 | 648 | $29.1M | $44,866 | — | $139K | $16K |
| 2020 | 717 | $35.9M | $50,008 | $0 | $166K | $16K |
| 2019 | 660 | $32.0M | $48,435 | — | $245K | $17K |
| 2018 | 756 | $31.4M | $41,521 | — | $205K | $17K |
| 2017 | 785 | $30.9M | $39,381 | — | $223K | $26K |
| 2016 | 741 | $31.0M | $41,892 | — | $188K | $36K |
| 2015 | 848 | $29.6M | $34,961 | — | $192K | $17K |
| 2014 | 715 | $30.2M | $42,267 | — | $204K | $10K |
| 2013 | 891 | $30.2M | $33,882 | — | $188K | $3,000 |
| 2012 | 1,166 | $27.7M | $23,756 | — | $270K | $90K |
| 2011 | 871 | $26.5M | $30,424 | — | $308K | $74K |
| 2010 | 1,547 | $27.1M | $17,508 | — | $335K | $101K |
| 2009 | 2,097 | $23.3M | $11,113 | — | $442K | $53K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$29,224,438
- Employer contributions—
- Participant contributions$182,076
- Rollovers and other contributions$3,325
- Total contributions$185,401
- Total income, including investment results$3,053,607
- Benefits paid$3,211,555
- Administrative expenses$21,481
- Total expenses$3,244,538
- Net income−$190,931
- Net transfers−$920,484
- Net assets, end of year$28,113,023
Participants
- Active participants555
- Retired or separated, receiving benefits3
- Retired or separated, entitled to future benefits31
- Participants with account balances595
- Total participants, end of year595
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Transamerica Retirement Solutions | Claims processing; Recordkeeping and information management; Investment management; Participant loan processing; Participant communication | $18,971 | $0 |
| Mutual of America Life Insurance Co. | Claims processing; Recordkeeping and information management; Participant loan processing | $2,261 | $0 |
| Voya Retirement Ins and Annuity Co. | Claims processing; Recordkeeping and information management; Participant loan processing | $250 | $0 |
| National Financial Services | Securities brokerage | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$16,945
- Investment advisory and management fees$4,536
- Total administrative expenses$21,481
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Pooled separate accounts$15.9M · 56.4%
- Insurance company general account$8.3M · 29.7%
- Registered investment companies (mutual funds)$3.8M · 13.6%
- Other investments$50K · 0.2%
- Participant loans$44K · 0.2%
- Receivables$31 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCherry Bekaert LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2GTotal participant-directed account plan2LCode section 403(b)(1) arrangement (annuity contracts)2MCode section 403(b)(7) accounts (custodial accounts for regulated investment company stock)2RParticipant-directed brokerage accounts provided as an investment option under the plan2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Appalachian Regional Healthcare Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Appalachian Regional Healthcare, Inc. Thrift Plan | 7,523 | $232M |
| Appalachian Regional Healthcare, Inc. Pension Plan | 4,356 | $166M |
| Appalachian Regional Healthcare, Inc. Retirement Plan | 2,605 | $124M |
| Appalachian Regional Healthcare, Inc. Administrative Retirement Plan | 1,013 | $53.0M |
Similar plans in Kentucky
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Methodist Hospital, Inc. 403(b) Plan | Methodist Health, Inc. | 614 | $22.4M | $36,417 |
| The Pain Associates 401(k) Plan | Commonwealth Pain Associates, PLLC | 589 | $17.5M | $29,632 |
| Orthocincy Retirement Plan | Orthocincy Orthopaedics & Sports Me | 625 | $65.2M | $104,387 |
| Family Allergy & Asthma Safe Harbor 401(k) Plan | Family Allergy Mso, LLC | 588 | $37.2M | $63,340 |
| Harrison Memorial Hospital 401(k) Retirement Plan | Harrison Memorial Hospital | 629 | $26.4M | $41,915 |
| The Kidz Club 401(k) Plan | Ky Ppec, Inc. DBA the Kidz Club | 583 | $7.0M | $11,990 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is Appalachian Regional Healthcare, Inc. Voluntary Plan?
595 participants at the end of the plan year ending 31 Dec 2025, of whom 555 were active employees, with net assets of $28,113,023. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Appalachian Regional Healthcare Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $21,482 in compensation to service provider organisations, $36.10 per participant or 0.08% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $21,481. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Appalachian Regional Healthcare Inc.. Recordkeeping or administration: Transamerica Retirement Solutions, Mutual of America Life Insurance Co. and Voya Retirement Ins and Annuity Co.. Investment advisory or management: Transamerica Retirement Solutions. The financial statements were audited by Cherry Bekaert LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 5 Aug 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-0795508, plan 005, received 5 Aug 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.