Plan Ledger DOL Form 5500 · updated monthly

Lamoille Health Partners, Inc.401(k)

LAMOILLE HEALTH PARTNERS 401(K) PLAN · MORRISVILLE, VT · plan year 2024

Employer contribution per participant · 2024
$1,936

Lamoille Health Partners, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,410,497 across 247 participant accounts, with employer contributions averaging $1,936 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.19% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Vermont (143rd of 230), and the 5,581st of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,410,497
Participants with balances247
Active participants229
Employer contributions$443,405
Employee contributions$770,613
Employer contribution per active participant$1,936
Average account balance$42,148
Benefits paid to participants$994,254
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 247 accts · $443K emplr
2023$8.9M · 246 accts · $392K emplr
2022$7.2M · 214 accts · $350K emplr
The Lamoille Health Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$1,936
Median for plans this size$1,313
2024$1,936 per active participant
2023$1,659 per active participant
2022$1,568 per active participant

Lamoille Health Partners, Inc.'s 2024 employer contribution ran above the $1,313 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.

Service providers · 20243
FUTURE PLANNING ASSOCIATES INC. · Contract administrator$2,775
LPL FINANCIAL CORPORATIONindirect comp

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

Administrative cost history3
2024Not separately reported
2023$32,094 · 0.40%
2022$15,335 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Vermont

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043358048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.