Plan Ledger DOL Form 5500 · updated monthly

Greater Seacoast Community Health401(k)

GREATER SEACOAST COMMUNITY HEALTH 401(K) PLAN · SOMERSWORTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Greater Seacoast Community Health reported $28,747 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $730 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 0.43% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Hampshire (269th of 411), and the 5,773rd of 11,911 in health care & social assistance. In 2024, employees put in $4.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,783,837
Participants with balances283
Active participants210
Employer contributions$153,318
Employee contributions$673,067
Employer contribution per active participant$730
Average account balance$34,572
Benefits paid to participants$1,082,116
Plan auditUnmodified (clean) audit opinion
AuditorLEONE MCDONNELL & ROBERTS , P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 283 accts · $153K emplr
2023$8.9M · 262 accts · $245K emplr
2022$8.4M · 305 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,747
Total administrative$28,747
The Greater Seacoast Community Health 401(k) match · 2024
Employer contribution per active participant$730
Median for plans this size$1,313
2024$730 per active participant
2023$1,189 per active participant
2022$1,169 per active participant

Greater Seacoast Community Health's 2024 employer contribution ran below the $1,313 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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$28,747

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$28,747 · 0.31%
2023$34,118 · 0.40%
2022$39,566 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
Harbor Homes, Inc. NH$10.9M · 0.48%
Mid-State Health Center NH$10.2M · 0.56%
Waypoint NH$9.8M · 0.03%
Fivos, Inc. NH$9.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020304203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.