Plan Ledger DOL Form 5500 · updated monthly

Champlain Valley Physicians Hospital403(b)

CHAMPLAIN VALLEY PHYSICIANS HOSPITAL 403(B) RETIREMENT SAVINGS PLAN · PLATTSBURGH, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Champlain Valley Physicians Hospital reported $264,979 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,798 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 0.10% to 0.08%. 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 317th-largest of 5,648 plans among New York employers on file, and the 447th of 11,911 in health care & social assistance. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 2,145 to 2,570 since 2022.

Plan summary
Net assets, end of year$334,793,513
Participants with balances2,955
Active participants2,570
Employer contributions$7,190,105
Employee contributions$14,491,172
Employer contribution per active participant$2,798
Average account balance$113,297
Benefits paid to participants$21,785,537
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY & MCCOY
Plan history3
Yearassets · accounts · employer contribution
2024$334.8M · 2,955 accts · $7.2M emplr
2023$297.3M · 2,741 accts · $6.8M emplr
2022$254.2M · 2,512 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,419
Investment management$86,560
Audit (IQPA)$15,000
Total administrative$264,979
Employer contributions to the Champlain Valley Physicians Hospital plan · 2024
Employer contribution per active participant$2,798
Median for plans this size$4,294
2024$2,798 per active participant
2023$2,992 per active participant
2022$2,846 per active participant

Champlain Valley Physicians Hospital'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
FIDELITY INVESTMENTS INSTITUTIONAL · Recordkeeping$161,410
STRATEGIC ADVISORS, INC · Consulting$71,624
MCSOLEY MCCOY & CO · Accounting / audit$15,000
CAPFINANCIAL PARTNERS · Investment advisory (plan)$14,936

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
2023Fidelity

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

Administrative cost history3
2024$264,979 · 0.08%
2023$259,252 · 0.09%
2022$271,186 · 0.10%
Similar plansHealth Care & Social Assistance · New York
Saratoga Hospital NY$367.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.