Plan Ledger DOL Form 5500 · updated monthly

Excellus Health Plan Inc.401(k)

EXCELLUS 401(K) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Excellus Health Plan Inc. reported $253,101 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,101 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 0.034% to 0.031%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 136th-largest of 5,648 plans among New York employers on file, and the 206th of 4,798 in finance & insurance. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$871,621,224
Participants with balances5,314
Active participants4,359
Employer contributions$30,952,657
Employee contributions$38,256,503
Employer contribution per active participant$7,101
Average account balance$164,024
Benefits paid to participants$68,293,944
Plan auditUnmodified (clean) audit opinion
AuditorINSERO CO. CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$871.6M · 5,314 accts · $31.0M emplr
2023$751.3M · 5,549 accts · $29.8M emplr
2022$618.7M · 5,425 accts · $26.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$253,101
Total administrative$253,101
The Excellus Health Plan Inc. 401(k) match · 2024
Employer contribution per active participant$7,101
Median for plans this size$4,294
2024$7,101 per active participant
2023$6,624 per active participant
2022$6,135 per active participant

Excellus Health Plan Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$251,140
SS&C · Other servicesindirect 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$253,101 · 0.03%
2023$246,395 · 0.04%
2022$233,156 · 0.03%
Same employer
Similar plansFinance & Insurance · New York
Board of Trustees Local 282 NY$885.6M · 0.45%
Lazard Freres & Co. LLC NY$832.0M · 0.05%
Oppenheimer & Co. Inc NY$807.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150329043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.