Plan Ledger DOL Form 5500 · updated monthly

Atlanticare Health System, Inc.401(k)

ATLANTICARE 401(K) SAVINGS PLAN · EGG HARBOR TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Atlanticare Health System, Inc. reported $7,066 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $996 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 0.11% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,567th of 2,419), and the 5,941st of 11,911 in health care & social assistance. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has grown from 206 to 275 since 2022.

Plan summary
Net assets, end of year$9,306,941
Participants with balances280
Active participants275
Employer contributions$273,842
Employee contributions$713,533
Employer contribution per active participant$996
Average account balance$33,239
Benefits paid to participants$776,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 280 accts · $274K emplr
2023$8.1M · 268 accts · $301K emplr
2022$6.5M · 247 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,566
Investment management$1,500
Total administrative$7,066
The Atlanticare Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$996
Median for plans this size$1,313
2024$996 per active participant
2023$1,518 per active participant
2022$1,110 per active participant

Atlanticare Health System, Inc.'s 2024 employer contribution ran below the $1,313 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
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$1,500

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$7,066 · 0.08%
2023$7,319 · 0.10%
2022$7,783 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Cape Atlantic Ink Inc NJ$8.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223265213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.