Plan Ledger DOL Form 5500 · updated monthly

Baptist Health System401(k)

BAPTIST HEALTH SYSTEM RETIREMENT PLAN · SCOTIA, NY · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Baptist Health System reported $33,134 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $648 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 0.44% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,124th of 5,648), and 7,020th of 11,911 in health care & social assistance. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,690,603
Participants with balances115
Active participants187
Employer contributions$121,157
Employee contributions$208,770
Employer contribution per active participant$648
Average account balance$58,179
Benefits paid to participants$581,596
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.2M · 96 accts · $44K emplr
2022$6.7M · 115 accts · $121K emplr
The Baptist Health System 401(k) match · 2022
Employer contribution per active participant$648
Median for plans this size$1,114
2024$270 per active participant
2022$648 per active participant

Baptist Health System's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$30,206 · 0.53%
2022$33,134 · 0.44%
Similar plansHealth Care & Social Assistance · New York
Cym Living LLC NY$6.8M · 0.58%
Tri-County Care, LLC NY$6.8M · 1.30%
Brylin Hospitals, Inc. NY$6.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311566685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.