Plan Ledger DOL Form 5500 · updated monthly

Inspira Health Network Medical Group, P.C.401(k)

INSPIRA MEDICAL GROUP 401(K) PLAN · VINELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

Inspira Health Network Medical Group, P.C. reported $36,257 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. 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 rose from 0.08% to 0.12%. 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 821st-largest of 2,419 plans among New Jersey employers on file, and the 2,735th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$30,496,618
Participants with balances326
Active participants231
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$93,548
Benefits paid to participants$2,874,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 326 accts
2023$30.0M · 363 accts
2022$27.5M · 381 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,706
Investment management$2,401
Audit (IQPA)$15,150
Total administrative$36,257
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
LINCOLN NATIONAL CORPORATION · Contract administrator$18,706
BAKER TILLY US, LLP · Contract administrator$15,150

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$36,257 · 0.12%
2023$24,219 · 0.08%
2022$23,510 · 0.08%
Similar plansHealth Care & Social Assistance · New Jersey
Cpc Integrated Health, Inc. NJ$32.0M · 0.14%
Carerite Centers, LLC NJ$31.8M · 0.64%
Community Options, Inc. NJ$31.1M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205745047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.