Plan Ledger DOL Form 5500 · updated monthly

Heritage Valley Health System401(k)

HERITAGE VALLEY HEALTH SYSTEM 401(K) PLAN · MOON TOWNSHIP, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Heritage Valley Health System reported $118,125 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,146 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 0.11% to 0.09%. 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 373rd-largest of 3,651 plans among Pennsylvania employers on file, and the 820th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$141,762,576
Participants with balances1,120
Active participants1,368
Employer contributions$2,935,587
Employee contributions$5,889,393
Employer contribution per active participant$2,146
Average account balance$126,574
Benefits paid to participants$10,963,617
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.8M · 1,120 accts · $2.9M emplr
2023$126.8M · 1,209 accts · $2.9M emplr
2022$110.3M · 1,236 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,125
Investment management$30,000
Total administrative$118,125
The Heritage Valley Health System 401(k) match · 2024
Employer contribution per active participant$2,146
Median for plans this size$3,635
2024$2,146 per active participant
2023$2,175 per active participant
2022$1,919 per active participant

Heritage Valley Health System'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
ASCENSUS LLC · Loan processing · Recordkeeping$88,125
RETIREMENT RESOURCES INVESTMENT GRO · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$118,125 · 0.09%
2023$118,051 · 0.10%
2022$126,291 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Spark Therapeutics, Inc. PA$164.7M · 0.06%
Merakey USA PA$155.3M · 0.40%
The Washington Hospital PA$146.0M · 0.16%
Health Partners Plans, Inc. PA$145.9M · 0.02%
Grand View Health PA$134.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251441518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.