Plan Ledger DOL Form 5500 · updated monthly

Atlanticare Regional Medical Ctr403(b)

ATLANTICARE 403(B) RETIREMENT PLAN · EGG HARBOR TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Atlanticare Regional Medical Ctr reported $323,744 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,093 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 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 135th-largest of 2,419 plans among New Jersey employers on file, and the 369th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 5,391 to 6,753 since 2022.

Plan summary
Net assets, end of year$434,072,650
Participants with balances7,464
Active participants6,753
Employer contributions$14,136,114
Employee contributions$31,374,216
Employer contribution per active participant$2,093
Average account balance$58,155
Benefits paid to participants$35,492,652
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH+BROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$434.1M · 7,464 accts · $14.1M emplr
2023$370.9M · 7,310 accts · $12.9M emplr
2022$307.9M · 6,620 accts · $11.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$260,244
Investment management$63,500
Total administrative$323,744
Employer contributions to the Atlanticare Regional Medical Ctr plan · 2024
Employer contribution per active participant$2,093
Median for plans this size$4,294
2024$2,093 per active participant
2023$2,054 per active participant
2022$2,084 per active participant

Atlanticare Regional Medical Ctr's 2024 employer contribution ran below the $4,294 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 · 20243
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$63,500
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$75

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$323,744 · 0.08%
2023$325,556 · 0.10%
2022$324,282 · 0.10%
Similar plansHealth Care & Social Assistance · New Jersey
The Valley Hospital NJ$1.1B · 0.04%
The Cooper Health System NJ$944.0M · 0.10%
Capital Health System, Inc. NJ$450.0M · 0.16%
Advocare, LLC NJ$418.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210634549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.