Plan Ledger DOL Form 5500 · updated monthly

Hunterdon Healthcare System403(b)

HUNTERDON HEALTHCARE 403(B) RETIREMENT SAVINGS PLAN · FLEMINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Hunterdon Healthcare System reported $567,337 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,931 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 0.26%. 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 202nd-largest of 2,419 plans among New Jersey employers on file, and the 578th of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$235,610,400
Participants with balances3,437
Active participants2,622
Employer contributions$7,684,050
Employee contributions$16,072,757
Employer contribution per active participant$2,931
Average account balance$68,551
Benefits paid to participants$15,073,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$235.6M · 3,437 accts · $7.7M emplr
2023$200.3M · 3,418 accts · $6.9M emplr
2022$163.3M · 3,280 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$221,508
Investment management$345,829
Total administrative$567,337
Employer contributions to the Hunterdon Healthcare System plan · 2024
Employer contribution per active participant$2,931
Median for plans this size$3,635
2024$2,931 per active participant
2023$2,616 per active participant
2022$2,475 per active participant

Hunterdon Healthcare 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
ASPIRE ADVISORS, LLC · Recordkeeping · Investment advisory (plan)$345,829
BENEFIT PLANS ADMINITRATIVE SVCS · Recordkeeping · Custodial (securities)$221,508

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

Recordkeeper by year2
2024ASPIRE ADVISORS, LLC, BENEFIT PLANS ADMINITRATIVE SVCS
2023ASPIRE ADVISORS, LLC, BENEFIT PLANS ADMINITRATIVE SVCS

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

Administrative cost history3
2024$567,337 · 0.26%
2023$476,026 · 0.26%
2022$441,661 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Orthonj, LLC NJ$173.7M · 0.20%
Deborah Heart & Lung Center NJ$143.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221537688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.