Plan Ledger DOL Form 5500 · updated monthly

Net Health Systems, Inc.401(k)

NET HEALTH SYSTEMS, INC. PROFIT SHARING PLAN AND TRUST · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Net Health Systems, Inc. reported $103,606 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $4,460 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 0.29% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 669th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,284th of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,242,084
Participants with balances794
Active participants546
Employer contributions$2,435,357
Employee contributions$4,894,957
Employer contribution per active participant$4,460
Average account balance$78,391
Benefits paid to participants$6,799,792
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.2M · 794 accts · $2.4M emplr
2023$53.1M · 946 accts · $2.4M emplr
2022$53.1M · 972 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,240
Investment management$41,366
Total administrative$103,606
The Net Health Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,460
Median for plans this size$3,635
2024$4,460 per active participant
2023$4,380 per active participant
2022$4,325 per active participant

Net Health Systems, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$61,187
GLOBAL RETIREMENT PARTNERS LLC · Investment management$40,500

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$103,606 · 0.18%
2023$163,080 · 0.31%
2022$168,435 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Frontage Laboratories Inc. PA$62.9M · 0.24%
Navisite, LLC PA$62.8M · 0.28%
Veranova, L.P. PA$62.4M · 0.08%
Sagent Lending Technologies PA$61.5M · 0.12%
Hka Global, Inc. PA$60.1M · 0.03%
Margolis Edelstein PA$60.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251711380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.