Plan Ledger DOL Form 5500 · updated monthly

Centrastate Healthcare System403(b)

CENTRASTATE HEALTHCARE SYSTEM 403B RETIREMENT SAVINGS PLAN · FREEHOLD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Centrastate Healthcare System reported $436,951 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $628 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 0.13% to 0.22%. 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 226th-largest of 2,419 plans among New Jersey employers on file, and the 639th of 11,911 in health care & social assistance. In 2024, employees put in $9.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$200,431,541
Participants with balances3,137
Active participants2,318
Employer contributions$1,455,476
Employee contributions$13,812,455
Employer contribution per active participant$628
Average account balance$63,893
Benefits paid to participants$30,451,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$200.4M · 3,137 accts · $1.5M emplr
2023$193.5M · 3,200 accts · $1.5M emplr
2022$174.2M · 2,968 accts · $1.5M emplr
Employer contributions to the Centrastate Healthcare System plan · 2024
Employer contribution per active participant$628
Median for plans this size$3,635
2024$628 per active participant
2023$526 per active participant
2022$680 per active participant

Centrastate Healthcare System's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$112,673
UBS FINANCIAL SERVICES, INC · Investment advisory (plan)$67,000
WITHUM SMITH+BROWN , PC · Accounting / audit$34,944

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$436,951 · 0.22%
2023$212,379 · 0.12%
2022$247,520 · 0.13%
All plans at this employer2
CENTRASTATE HEALTHCARE SYSTEM RETIREMENT PLANMoney purchase plan
CENTRASTATE HEALTHCARE SYSTEM 403B RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Hunterdon Healthcare System NJ$235.6M · 0.26%
Orthonj, LLC NJ$173.7M · 0.20%
Deborah Heart & Lung Center NJ$143.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222482803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.