Plan Ledger DOL Form 5500 · updated monthly

Centra Health, Inc.403(b)

CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Centra Health, Inc. reported $475,606 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,815 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 0.09% to 0.07%. 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 55th-largest of 2,266 plans among Virginia employers on file, and the 244th of 11,911 in health care & social assistance. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$746,973,236
Participants with balances9,110
Active participants7,475
Employer contributions$28,518,048
Employee contributions$34,325,896
Employer contribution per active participant$3,815
Average account balance$81,995
Benefits paid to participants$76,471,896
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$747.0M · 9,110 accts · $28.5M emplr
2023$670.0M · 10,247 accts · $20.1M emplr
2022$594.8M · 12,004 accts · $20.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$343,295
Investment management$43,365
Audit (IQPA)$32,990
Total administrative$475,606
Employer contributions to the Centra Health, Inc. plan · 2024
Employer contribution per active participant$3,815
Median for plans this size$4,294
2024$3,815 per active participant
2023$2,729 per active participant
2022$2,851 per active participant

Centra Health, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20244
FID INV INST OPS CO · Claims processing · Recordkeeping$342,032
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$55,954
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$43,365
BDO USA, P.C. · Accounting / audit$32,990

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

Recordkeeper by year2
2024Fidelity
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Centra Health, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$475,606 · 0.07%
2023$691,831 · 0.11%
2022$619,880 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Sentara Healthcare VA$3.7B · 0.05%
Inova Health System VA$3.5B · 0.04%
Carilion Clinic VA$822.2M · 0.14%
Valley Health System VA$542.0M · 0.10%
Sentara Holdings, Inc. VA$435.4M · 0.08%
Mary Washington Healthcare VA$400.3M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540715569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.