Plan Ledger DOL Form 5500 · updated monthly

Gifford Health Care, Inc.403(b)

GIFFORD HEALTH CARE, INC. 403(B) RETIREMENT PLAN · RANDOLPH, VT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Gifford Health Care, Inc. reported $102,064 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,563 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 0.23% to 0.15%. 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 28th-largest of 230 plans among Vermont employers on file, and the 1,380th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 718 to 636 since 2022.

Plan summary
Net assets, end of year$74,100,667
Participants with balances1,247
Active participants636
Employer contributions$1,629,816
Employee contributions$3,028,418
Employer contribution per active participant$2,563
Average account balance$59,423
Benefits paid to participants$6,084,861
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.1M · 1,247 accts · $1.6M emplr
2023$65.0M · 1,208 accts · $1.6M emplr
2022$53.8M · 1,134 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,764
Investment management$49,439
Total administrative$102,064
Employer contributions to the Gifford Health Care, Inc. plan · 2024
Employer contribution per active participant$2,563
Median for plans this size$3,635
2024$2,563 per active participant
2023$2,070 per active participant
2022$1,999 per active participant

Gifford Health Care, Inc.'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
TIAA · Recordkeeping · Pension consulting$51,764
NEW ENGLAND RETIREMENT CONSULTANTS · Investment advisory (plan)$49,439

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$102,064 · 0.15%
2023$82,178 · 0.14%
2022$140,743 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Marathon Health, LLC. VT$81.1M · 0.35%
Copley Health Systems, Inc. VT$51.1M · 0.12%
Brattleboro Retreat VT$43.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460938716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.