Plan Ledger DOL Form 5500 · updated monthly

Nationwide Healthcare Services LLC401(k)

NHE PENSION PLAN · BRICK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Nationwide Healthcare Services LLC reported $46,443 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $153 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 0.82% to 0.89%. 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 New Jersey (1,830th of 2,419), and 7,543rd of 11,911 in health care & social assistance. In 2024, employees put in $7.52 for every $1.00 the employer contributed; active participation has grown from 455 to 540 since 2022.

Plan summary
Net assets, end of year$5,663,645
Participants with balances174
Active participants540
Employer contributions$82,593
Employee contributions$620,960
Employer contribution per active participant$153
Average account balance$32,550
Benefits paid to participants$334,950
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 174 accts · $83K emplr
2023$4.8M · 163 accts · $67K emplr
2022$4.2M · 157 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,293
Total administrative$46,443
The Nationwide Healthcare Services LLC 401(k) match · 2024
Employer contribution per active participant$153
Median for plans this size$1,313
2024$153 per active participant
2023$140 per active participant
2022$133 per active participant

Nationwide Healthcare Services LLC's 2024 employer contribution ran below the $1,313 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 · 20245
NATIONWIDE HEALTHCARE SERVICES LLC$4,405
INTAC ACTUARIAL SERVICES INC · Contract administrator$3,424
EMPOWER ADVISORY GROUP, LLC · Investment management$1,941
MASSACHUSETTS MUTUAL LIFE INS COMPindirect 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$46,443 · 0.89%
2023$36,159 · 0.80%
2022$35,667 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Ladacin Network, Inc. NJ$6.2M · 0.87%
Harrogate Incorporated NJ$6.2M · 0.32%
Homefront, Inc. NJ$5.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263999886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.