Plan Ledger DOL Form 5500 · updated monthly

Community Healthcare Network, Inc.403(b)

COMMUNITY HEALTHCARE NETWORK 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Community Healthcare Network, Inc. reported $103,954 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,168 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 0.40% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,858th-largest of 5,648 plans among New York employers on file, and the 2,611th of 11,911 in health care & social assistance. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has shrunk from 827 to 587 since 2022.

Plan summary
Net assets, end of year$32,368,154
Participants with balances716
Active participants587
Employer contributions$685,640
Employee contributions$1,940,841
Employer contribution per active participant$1,168
Average account balance$45,207
Benefits paid to participants$3,567,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 716 accts · $686K emplr
2023$29.4M · 437 accts · $679K emplr
2022$24.0M · 773 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,954
Total administrative$103,954
Employer contributions to the Community Healthcare Network, Inc. plan · 2024
Employer contribution per active participant$1,168
Median for plans this size$2,416
2024$1,168 per active participant
2023$1,072 per active participant
2022$747 per active participant

Community Healthcare Network, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$103,954

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$103,954 · 0.34%
2023$104,938 · 0.39%
2022$103,696 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · New York
Safe Horizon, Inc. NY$31.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133083068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.