Plan Ledger DOL Form 5500 · updated monthly

Lamprey Health Care, Inc403(b)

LAMPREY HEALTH CARE 403(B) PLAN · NEWMARKET, NH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Lamprey Health Care, Inc reported $75,569 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,882 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 0.27% to 0.46%. 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 189th-largest of 411 plans among New Hampshire employers on file, and the 4,028th of 11,911 in health care & social assistance. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,676,654
Participants with balances273
Active participants208
Employer contributions$391,515
Employee contributions$1,176,970
Employer contribution per active participant$1,882
Average account balance$64,750
Benefits paid to participants$1,472,273
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 273 accts · $392K emplr
2023$15.5M · 282 accts · $371K emplr
2022$13.4M · 280 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,070
Audit (IQPA)$18,499
Total administrative$75,569
Employer contributions to the Lamprey Health Care, Inc plan · 2024
Employer contribution per active participant$1,882
Median for plans this size$2,416
2024$1,882 per active participant
2023$1,782 per active participant
2022$1,466 per active participant

Lamprey Health Care, Inc's 2024 employer contribution ran below the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,070
LAMPREY HEALTH CARE · Accounting / audit$18,500
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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
2024$75,569 · 0.46%
2023$48,601 · 0.34%
2022$38,990 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire

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Source: U.S. Department of Labor, Form 5500 series, EIN 237305106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.