Plan Ledger DOL Form 5500 · updated monthly

Center for Health Care Strategies, Inc.403(b)

CENTER FOR HEALTH CARE STRATEGIES 403(B) RETIREMENT PLAN · HAMILTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Center for Health Care Strategies, Inc. reported $40,262 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $8,028 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 0.26% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,253rd of 2,419), and the 4,491st of 11,911 in health care & social assistance. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,014,304
Participants with balances144
Active participants72
Employer contributions$578,009
Employee contributions$500,055
Employer contribution per active participant$8,028
Average account balance$104,266
Benefits paid to participants$501,021
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 144 accts · $578K emplr
2023$12.8M · 154 accts · $494K emplr
2022$10.5M · 142 accts · $426K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,642
Investment management$30,105
Total administrative$40,262
The Center for Health Care Strategies, Inc. 401(k) match · 2024
Employer contribution per active participant$8,028
Median for plans this size$2,416
2024$8,028 per active participant
2023$6,248 per active participant
2022$5,527 per active participant

Center for Health Care Strategies, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping$10,623
WORLD INVESTMENT ADVISORS$23,118
PENSIONMARK FINANCIAL GROUP LLC$6,986
THE MANDMARBLESTONE GROUP LLC · Legal$2,090

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$40,262 · 0.29%
2023$33,377 · 0.29%
2022$25,844 · 0.26%
Similar plansHealth Care & Social Assistance · New Jersey
Sun Behavioral Health, Inc. NJ$15.4M · 0.77%
Acute Care Health System NJ$15.2M · 0.14%
Eye Centers of America, LLC NJ$15.1M · 0.58%
Collagen Matrix Inc NJ$14.3M · 0.01%
Sportscare Institute Inc. NJ$14.2M · 0.67%
Twin Boro Management, LLC NJ$14.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223375015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.