Plan Ledger DOL Form 5500 · updated monthly

Elliot Health System403(b)

SOLUTIONHEALTH & ELLIOT HEALTH SYSTEM 403(B) SAVINGS PLAN · MANCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Elliot Health System reported $693,815 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,078 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 0.13% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 6th-largest of 411 plans among New Hampshire employers on file, and the 329th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$493,721,877
Participants with balances3,991
Active participants5,130
Employer contributions$15,792,545
Employee contributions$27,574,686
Employer contribution per active participant$3,078
Average account balance$123,709
Benefits paid to participants$29,300,675
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN NOYES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$493.7M · 3,991 accts · $15.8M emplr
2023$420.6M · 4,865 accts · $15.0M emplr
2022$340.7M · 4,597 accts · $13.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$435,151
Investment management$182,757
Total administrative$693,815
Employer contributions to the Elliot Health System plan · 2024
Employer contribution per active participant$3,078
Median for plans this size$4,294
2024$3,078 per active participant
2023$3,151 per active participant
2022$2,905 per active participant

Elliot Health System's 2024 employer contribution ran below the $4,294 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
EMPOWER ANNUITY INS CO OF AMERICA · Recordkeeping · Loan processing$826,999
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$143,406

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$693,815 · 0.15%
2023$514,873 · 0.14%
2022$479,287 · 0.13%
All plans at this employer2
SOLUTIONHEALTH & ELLIOT HEALTH SYSTEM 401(K) SAVINGS PLAN401(k)
SOLUTIONHEALTH & ELLIOT HEALTH SYSTEM 403(B) SAVINGS PLAN403(b)
Similar plansHealth Care & Social Assistance · New Hampshire
Dartmouth Health NH$1.7B · 0.04%
Dartmouth-Hitchcock Clinic NH$971.5M · 0.06%
Catholic Medical Center NH$290.7M · 0.07%
Concord Hospital NH$269.3M · 0.06%
Exeter Health Resources, Inc NH$174.6M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020509911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.