Plan Ledger DOL Form 5500 · updated monthly

Inspira Medical Centers, Inc.403(b)

INSPIRA HEALTH NETWORK 403(B) SAVINGS PLAN · VINELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Inspira Medical Centers, Inc. reported $543,092 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,029 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 rose from 0.08% to 0.09%. 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 105th-largest of 2,419 plans among New Jersey employers on file, and the 271st of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 7,456 to 8,268 since 2022.

Plan summary
Net assets, end of year$656,792,591
Participants with balances9,199
Active participants8,268
Employer contributions$25,045,438
Employee contributions$34,633,303
Employer contribution per active participant$3,029
Average account balance$71,398
Benefits paid to participants$50,309,016
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$656.8M · 9,199 accts · $25.0M emplr
2023$560.1M · 8,600 accts · $23.8M emplr
2022$466.0M · 7,599 accts · $20.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$469,535
Investment management$73,557
Total administrative$543,092
Employer contributions to the Inspira Medical Centers, Inc. plan · 2024
Employer contribution per active participant$3,029
Median for plans this size$4,294
2024$3,029 per active participant
2023$2,922 per active participant
2022$2,780 per active participant

Inspira Medical Centers, Inc.'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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$469,535
CAPFINANCIAL PARTNERS, LLC · Contract administrator$70,002

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$543,092 · 0.09%
2023$505,146 · 0.10%
2022$411,544 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Virtua Health NJ$1.2B · 0.06%
The Valley Hospital NJ$1.1B · 0.04%
The Cooper Health System NJ$944.0M · 0.10%
Capital Health System, Inc. NJ$450.0M · 0.16%
Advocare, LLC NJ$418.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210634484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.