Plan Ledger DOL Form 5500 · updated monthly

Community Health Net403(b)

COMMUNITY HEALTH NET 403B RETIREMENT PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Community Health Net reported $33,766 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $473 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,014th of 3,651), and 8,525th of 11,911 in health care & social assistance. In 2024, employees put in $4.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,033,605
Participants with balances94
Active participants106
Employer contributions$50,114
Employee contributions$213,688
Employer contribution per active participant$473
Average account balance$42,911
Benefits paid to participants$272,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 94 accts · $50K emplr
2023$3.6M · 95 accts · $46K emplr
2022$3.2M · 95 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,766
Total administrative$33,766
Employer contributions to the Community Health Net plan · 2024
Employer contribution per active participant$473
Median for plans this size$1,313
2024$473 per active participant
2023$467 per active participant
2022$525 per active participant

Community Health Net's 2024 employer contribution ran below the $1,313 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 · 20244
EMPOWER ADVISTORY GROUP LLC · Investment management$1,175
NATIONAL PROFESSIONAL PLANNING GROU · Contract administrator$600
LPL FINANCIAL LLCindirect comp

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$33,766 · 0.88%
2023$28,045 · 0.82%
2022$26,555 · 0.87%
Similar plansHealth Care & Social Assistance · Pennsylvania
Fairmount Long Term Care PA$4.1M · 0.67%
Adagio Health, Inc. PA$4.1M · 1.79%
Maybrook-C Opco Holdings PA$3.9M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251490791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.