Plan Ledger DOL Form 5500 · updated monthly

Cape Regional Medical Center403(b)

CAPE REGIONAL MEDICAL CENTER DEFINED CONTRIBUTION RETIREMENT PLAN · CAPE MAY COURT HOUSE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Cape Regional Medical Center reported $249,781 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,446 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 0.26% to 0.24%. 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 345th-largest of 2,419 plans among New Jersey employers on file, and the 1,030th of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,643,571
Participants with balances1,425
Active participants1,093
Employer contributions$2,673,680
Employee contributions$4,841,090
Employer contribution per active participant$2,446
Average account balance$76,241
Benefits paid to participants$9,907,534
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.6M · 1,425 accts · $2.7M emplr
2023$97.6M · 1,361 accts · $2.5M emplr
2022$85.4M · 1,409 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,349
Investment management$88,432
Total administrative$249,781
Employer contributions to the Cape Regional Medical Center plan · 2024
Employer contribution per active participant$2,446
Median for plans this size$3,635
2024$2,446 per active participant
2023$2,380 per active participant
2022$2,384 per active participant

Cape Regional 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$161,349
UBS FINANCIAL SERVICES INC. · Consulting$88,432

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$249,781 · 0.24%
2023$239,355 · 0.26%
2022$251,610 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Care One Management, LLC NJ$119.2M · 0.30%
Enhance Therapies NJ$114.7M · 0.29%
Mfa Benefits LLC NJ$100.5M · 0.41%
Bancroft NJ$96.6M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 210662542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.