Plan Ledger DOL Form 5500 · updated monthly

Ff Thompson Health Systems Inc403(b)

THOMPSON HEALTH 403(B) PLAN · CANANDAIGUA, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Ff Thompson Health Systems Inc reported $231,942 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,716 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 0.17% to 0.20%. 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 672nd-largest of 5,648 plans among New York employers on file, and the 916th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 1,831 to 2,093 since 2022.

Plan summary
Net assets, end of year$123,047,754
Participants with balances2,472
Active participants2,093
Employer contributions$3,592,064
Employee contributions$7,222,310
Employer contribution per active participant$1,716
Average account balance$49,777
Benefits paid to participants$12,086,991
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO & CO.,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$123.0M · 2,472 accts · $3.6M emplr
2023$111.0M · 2,367 accts · $3.2M emplr
2022$89.9M · 2,236 accts · $3.0M emplr
Employer contributions to the Ff Thompson Health Systems Inc plan · 2024
Employer contribution per active participant$1,716
Median for plans this size$3,635
2024$1,716 per active participant
2023$1,600 per active participant
2022$1,655 per active participant

Ff Thompson Health Systems Inc's 2024 employer contribution ran below the $3,635 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 · 20243
TOUCHSTONE RETIREMENT GROUP · Recordkeeping$29,250
TIAA · Custodial (securities)$132,218
WADE SARKIS · Contract administrator · Investment advisory (participants)$56,000

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

Recordkeeper by year2
2024TOUCHSTONE RETIREMENT GROUP
2023TOUCHSTONE RETIREMENT GROUP

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

Administrative cost history3
2024$231,942 · 0.20%
2023$165,462 · 0.16%
2022$158,829 · 0.17%
Similar plansHealth Care & Social Assistance · New York
Bronxcare Health System NY$135.7M · 0.22%
Crouse Hospital NY$125.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.