Plan Ledger DOL Form 5500 · updated monthly

Lehigh Valley Health Network, Inc.403(b)

LEHIGH VALLEY HEALTH NETWORK, INC. 403(B) SAVINGS PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Lehigh Valley Health Network, Inc. reported $2,356,215 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,228 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 fell from 0.20% to 0.19%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 53rd-largest of 3,651 plans among Pennsylvania employers on file, and the 136th of 11,911 in health care & social assistance. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has grown from 18,331 to 20,882 since 2022.

Plan summary
Net assets, end of year$1,349,940,171
Participants with balances27,392
Active participants20,882
Employer contributions$25,647,138
Employee contributions$106,711,650
Employer contribution per active participant$1,228
Average account balance$49,282
Benefits paid to participants$80,730,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 27,392 accts · $25.6M emplr
2023$1.1B · 26,430 accts · $22.9M emplr
2022$917.4M · 25,291 accts · $21.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,356,215
Total administrative$2,356,215
Employer contributions to the Lehigh Valley Health Network, Inc. plan · 2024
Employer contribution per active participant$1,228
Median for plans this size$5,259
2024$1,228 per active participant
2023$1,123 per active participant
2022$1,152 per active participant

Lehigh Valley Health Network, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. 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 · 20241
VALIC RETIREMENT SERVICES CO. · Custodial (securities) · Investment advisory (participants)$2,356,215

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$2,356,215 · 0.19%
2023$2,070,196 · 0.20%
2022$1,885,342 · 0.20%
All plans at this employer8
LEHIGH VALLEY HEALTH NETWORK, INC. DEFINED CONTRIBUTION RETIREMENT PLANProfit-sharing plan
LEHIGH VALLEY HEALTH NETWORK, INC. 403(B) SAVINGS PLAN403(b)
LEHIGH VALLEY HEALTH NETWORK, INC. 401(K) SAVINGS PLAN401(k)
LEHIGH VALLEY HEALTH NETWORK, INC. ERISA 403(B) PLAN403(b)
NORTHEASTERN PENNSYLVANIA HEALTH CORPORATION 401(A) PLANProfit-sharing plan
SCHUYLKILL HEALTH SYSTEM DEFINED CONTRIBUTION PLANProfit-sharing plan
POCONO HEALTH SYSTEM DEFINED CONTRIBUTION PLAN403(b)
COORDINATED HEALTH 401K PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Wellspan Health PA$2.6B · 0.08%
Main Line Health, Inc. PA$1.7B · 0.05%
Allegheny Health Network PA$1.4B · 0.12%
Tower Health PA$1.1B · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222458317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.