Plan Ledger DOL Form 5500 · updated monthly

Deborah Heart & Lung Center401(k)

DEBORAH HEART AND LUNG CENTER 401(K) PLAN · BROWNS MILLS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Deborah Heart & Lung Center reported $203,854 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,064 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 0.152%. 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 280th-largest of 2,419 plans among New Jersey employers on file, and the 815th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$143,081,673
Participants with balances1,709
Active participants1,157
Employer contributions$3,544,611
Employee contributions$8,086,895
Employer contribution per active participant$3,064
Average account balance$83,722
Benefits paid to participants$12,742,240
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$143.1M · 1,709 accts · $3.5M emplr
2023$125.9M · 1,668 accts · $2.8M emplr
2022$105.0M · 1,669 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,854
Total administrative$203,854
The Deborah Heart & Lung Center 401(k) match · 2024
Employer contribution per active participant$3,064
Median for plans this size$3,635
2024$3,064 per active participant
2023$2,399 per active participant
2022$1,551 per active participant

Deborah Heart & Lung Center's 2024 employer contribution ran below the $3,635 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 · 20241

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$203,854 · 0.15%
2023$173,128 · 0.15%
2022$170,652 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Hunterdon Healthcare System NJ$235.6M · 0.26%
Orthonj, LLC NJ$173.7M · 0.20%
Care One Management, LLC NJ$119.2M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231550955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.