Plan Ledger DOL Form 5500 · updated monthly

Health Care and Rehabilitation Services of Southeastern Vermont403(b)

HEALTH CARE AND REHABILITATION SERVICES OF SOUTHEASTERN VERMONT · SPRINGFIELD, VT · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Health Care and Rehabilitation Services of Southeastern Vermont reported $135,948 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,652 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 0.59% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 72nd-largest of 230 plans among Vermont employers on file, and the 3,056th of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,267,911
Participants with balances640
Active participants566
Employer contributions$934,855
Employee contributions$1,474,873
Employer contribution per active participant$1,652
Average account balance$41,044
Benefits paid to participants$1,911,302
Plan auditUnmodified (clean) audit opinion
AuditorKITTELL, BRANAGAN & SARGENT
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 640 accts · $935K emplr
2023$23.0M · 650 accts · $793K emplr
2022$20.0M · 631 accts · $794K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,948
Total administrative$135,948
Employer contributions to the Health Care and Rehabilitation Services of Southeastern Vermont plan · 2024
Employer contribution per active participant$1,652
Median for plans this size$2,416
2024$1,652 per active participant
2023$1,505 per active participant
2022$1,513 per active participant

Health Care and Rehabilitation Services of Southeastern Vermont's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$133,480
TRG INVESTMENT ADVISORS, LLC · Investment advisory (plan)indirect 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$135,948 · 0.55%
2023$116,227 · 0.54%
2022$108,137 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Otis Health Care Center VT$26.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237017624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.