Plan Ledger DOL Form 5500 · updated monthly

Geisinger Health Plan401(k)

GEISINGER HEALTH PLAN 401K SAVINGS PLAN · DANVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Geisinger Health Plan reported $60,760 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,460 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 0.05% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 286th-largest of 3,651 plans among Pennsylvania employers on file, and the 587th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$196,722,104
Participants with balances2,204
Active participants1,879
Employer contributions$4,622,333
Employee contributions$7,284,255
Employer contribution per active participant$2,460
Average account balance$89,257
Benefits paid to participants$14,474,471
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$196.7M · 2,204 accts · $4.6M emplr
2023$174.9M · 2,189 accts · $4.8M emplr
2022$153.5M · 1,958 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,418
Investment management$21,342
Total administrative$60,760
The Geisinger Health Plan 401(k) match · 2024
Employer contribution per active participant$2,460
Median for plans this size$3,635
2024$2,460 per active participant
2023$2,572 per active participant
2022$2,362 per active participant

Geisinger Health Plan'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 · 20242
FIDELITY INVESTMENTS INST OP CO INC · Loan processing$39,418

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$60,760 · 0.03%
2023$85,949 · 0.05%
2022$79,412 · 0.05%
Similar plansFinance & Insurance · Pennsylvania
The Glenmede Corporation PA$230.3M · 0.03%
Pfm Financial Advisors LLC PA$176.5M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232311553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.