Plan Ledger DOL Form 5500 · updated monthly

Hospital for Special Surgery403(b)

THE HOSPITAL FOR SPECIAL SURGERY 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hospital for Special Surgery reported $291,033 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,874 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 0.12% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 137th-largest of 5,648 plans among New York employers on file, and the 210th of 11,911 in health care & social assistance. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has grown from 4,807 to 5,338 since 2022.

Plan summary
Net assets, end of year$866,066,520
Participants with balances8,088
Active participants5,338
Employer contributions$15,339,391
Employee contributions$50,160,288
Employer contribution per active participant$2,874
Average account balance$107,080
Benefits paid to participants$58,470,967
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$866.1M · 8,088 accts · $15.3M emplr
2023$748.2M · 7,611 accts · $13.4M emplr
2022$609.4M · 7,219 accts · $11.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$291,033
Total administrative$291,033
Employer contributions to the Hospital for Special Surgery plan · 2024
Employer contribution per active participant$2,874
Median for plans this size$4,294
2024$2,874 per active participant
2023$2,690 per active participant
2022$2,427 per active participant

Hospital for Special Surgery's 2024 employer contribution ran below the $4,294 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$406,479
VALIC$30,857
METLIFE LIFE INSURANCE COMPANY$5,785
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$291,033 · 0.04%
2023$1,252,554 · 0.18%
2022$772,540 · 0.12%
All plans at this employer2
THE HOSPITAL FOR SPECIAL SURGERY RETIREMENT PLAN FOR MANAGEMENT AND MEDICAL STAFF403(b)
THE HOSPITAL FOR SPECIAL SURGERY 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
Maimonides Medical Center NY$1.0B · 0.08%
Rochester Regional Health NY$987.0M · 0.12%
Wp Citymd Bidco, LLC NY$973.2M · 0.10%
Kaleida Health NY$723.5M · 0.05%
Nysarc, Inc. NY$647.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131624135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.