Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Vna403(b)

CORNERSTONE VNA RETIREMENT PLAN · ROCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Cornerstone Vna reported $77,520 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,464 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 0.76%. 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 among the smaller plans on file in New Hampshire (252nd of 411), and the 5,455th of 11,911 in health care & social assistance. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 160 to 201 since 2022.

Plan summary
Net assets, end of year$10,893,159
Participants with balances156
Active participants201
Employer contributions$294,260
Employee contributions$819,022
Employer contribution per active participant$1,464
Average account balance$69,828
Benefits paid to participants$834,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 156 accts · $294K emplr
2023$9.5M · 125 accts · $271K emplr
2022$7.4M · 121 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,261
Investment management$50,259
Total administrative$77,520
Employer contributions to the Cornerstone Vna plan · 2024
Employer contribution per active participant$1,464
Median for plans this size$2,416
2024$1,464 per active participant
2023$1,515 per active participant
2022$1,443 per active participant

Cornerstone Vna's 2024 employer contribution ran below the $2,416 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 · 20242
PENSION & WEALTH MANAGEMENT ADVISOR$50,259
BENEFIT PLANS ADMIN SERVICES, INC. · Contract administrator · Pension consulting$27,261

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$77,520 · 0.76%
2023$67,090 · 0.79%
2022$59,249 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
Convenientmd LLC NH$13.1M · 0.73%
Amoskeag Health NH$12.3M · 0.01%
Harbor Homes, Inc. NH$10.9M · 0.48%
Mid-State Health Center NH$10.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020231026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.