Plan Ledger DOL Form 5500 · updated monthly

Nascentia Health, Inc.401(k)

NASCENTIA HEALTH, INC. 401K RETIREMENT PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Nascentia Health, Inc. reported $23,616 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,996 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 0.06% to 0.11%. 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 2,318th-largest of 5,648 plans among New York employers on file, and the 3,352nd of 11,911 in health care & social assistance. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,889,651
Participants with balances615
Active participants465
Employer contributions$1,393,152
Employee contributions$2,154,423
Employer contribution per active participant$2,996
Average account balance$37,219
Benefits paid to participants$2,520,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 615 accts · $1.4M emplr
2023$19.1M · 655 accts · $498K emplr
2022$15.4M · 556 accts · $885K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,350
Investment management$1,616
Total administrative$23,616
The Nascentia Health, Inc. 401(k) match · 2024
Employer contribution per active participant$2,996
Median for plans this size$2,416
2024$2,996 per active participant
2023$987 per active participant
2022$1,944 per active participant

Nascentia Health, Inc.'s 2024 employer contribution ran above 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 · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan) · Investment advisory (participants)$23,616
STRATEGIC FINANCIAL SERVICES, INCindirect comp
MORNINGSTAR · Investment advisory (plan)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$23,616 · 0.11%
2023$11,640 · 0.07%
2022$9,321 · 0.06%
Similar plansHealth Care & Social Assistance · New York
Freedom Care LLC NY$23.4M · 2.38%
Trinity Medical Wny PC NY$23.0M · 0.06%
Family Service League, Inc. NY$23.0M · 0.70%
Helio Health, Inc. NY$22.0M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161483069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.