Plan Ledger DOL Form 5500 · updated monthly

Arnot Ogden Medical Center401(k)

ARNOT HEALTH EMPLOYEE RETIREMENT PLAN · ELMIRA, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Arnot Ogden Medical Center reported $355,245 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,191 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 fell from 0.28% to 0.25%. 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 584th-largest of 5,648 plans among New York employers on file, and the 787th of 11,911 in health care & social assistance. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has grown from 2,572 to 2,915 since 2022.

Plan summary
Net assets, end of year$151,741,222
Participants with balances3,049
Active participants2,915
Employer contributions$6,386,399
Employee contributions$5,765,654
Employer contribution per active participant$2,191
Average account balance$49,768
Benefits paid to participants$14,169,114
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP CPA'S, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$151.7M · 3,049 accts · $6.4M emplr
2023$137.4M · 3,044 accts · $4.3M emplr
2022$121.2M · 3,968 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,910
Investment management$153,335
Total administrative$355,245
The Arnot Ogden Medical Center 401(k) match · 2024
Employer contribution per active participant$2,191
Median for plans this size$3,635
2024$2,191 per active participant
2023$1,345 per active participant
2022$1,826 per active participant

Arnot Ogden Medical Center'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 · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$201,910
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$153,335

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$355,245 · 0.25%
2023$386,172 · 0.30%
2022$374,171 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · New York
Careabout Mso, LLC NY$176.9M · 0.08%
Sun River Health, Inc. NY$156.7M · 0.15%
St. Barnabas Hospital NY$149.6M · 0.12%
Medisys Venture, Inc. NY$147.3M · 0.24%
The Fedcap Group, Inc. NY$140.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.