Plan Ledger DOL Form 5500 · updated monthly

Hudson Headwaters Health Network403(b)

HUDSON HEADWATERS HEALTH NETWORK RETIREMENT SAVINGS PLAN · QUEENSBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Hudson Headwaters Health Network reported $124,377 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,538 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 3 years on file its reported administrative ratio has held roughly steady near 0.11%. 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 706th-largest of 5,648 plans among New York employers on file, and the 980th of 11,911 in health care & social assistance. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 957 to 1,070 since 2022.

Plan summary
Net assets, end of year$115,151,565
Participants with balances1,334
Active participants1,070
Employer contributions$3,785,436
Employee contributions$6,495,859
Employer contribution per active participant$3,538
Average account balance$86,321
Benefits paid to participants$10,560,365
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$115.2M · 1,334 accts · $3.8M emplr
2023$102.9M · 1,042 accts · $3.5M emplr
2022$81.9M · 966 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,377
Total administrative$124,377
Employer contributions to the Hudson Headwaters Health Network plan · 2024
Employer contribution per active participant$3,538
Median for plans this size$3,635
2024$3,538 per active participant
2023$3,292 per active participant
2022$3,217 per active participant

Hudson Headwaters Health Network'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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$124,377

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$124,377 · 0.11%
2023$106,204 · 0.11%
2022$101,568 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · New York
Crouse Hospital NY$125.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141628237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.