Plan Ledger DOL Form 5500 · updated monthly

Chapters Health System, Inc.403(b)

CHAPTERS HEALTH SYSTEM, INC. RETIREMENT PLAN · TEMPLE TERRACE, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Chapters Health System, Inc. reported $432,813 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,068 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 0.28% to 0.38%. 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 232nd-largest of 3,644 plans among Florida employers on file, and the 785th of 11,911 in health care & social assistance. In 2024, employees put in $3.84 for every $1.00 the employer contributed; active participation has grown from 2,073 to 3,340 since 2022.

Plan summary
Net assets, end of year$151,829,546
Participants with balances5,063
Active participants3,340
Employer contributions$3,566,685
Employee contributions$13,683,936
Employer contribution per active participant$1,068
Average account balance$29,988
Benefits paid to participants$18,890,286
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$151.8M · 5,063 accts · $3.6M emplr
2023$75.4M · 3,184 accts · $2.2M emplr
2022$61.3M · 2,909 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$399,063
Investment management$33,750
Total administrative$432,813
Employer contributions to the Chapters Health System, Inc. plan · 2024
Employer contribution per active participant$1,068
Median for plans this size$3,635
2024$1,068 per active participant
2023$656 per active participant
2022$820 per active participant

Chapters Health System, Inc.'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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$399,063
CROWE LLP · Accounting / audit$33,750

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

Administrative cost history3
2024$432,813 · 0.38%
2023$223,539 · 0.33%
2022$155,248 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Oneblood, Inc. FL$160.3M · 0.24%
Healogics, LLC. FL$153.3M · 0.26%
Empath-Stratum, Inc. FL$145.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592264957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.