Plan Ledger DOL Form 5500 · updated monthly

Njmhmc, LLC dba Hudson Regional Hospital401(k)

HUDSON REGIONAL HOSPITAL 401(K) PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
1.57%

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

Njmhmc, LLC dba Hudson Regional Hospital reported $169,208 in plan administrative expenses for 2024: 1.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $128 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 1.48% to 1.57%. 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 among the smaller plans on file in New Jersey (1,423rd of 2,419), and the 5,239th of 11,911 in health care & social assistance. In 2024, employees put in $14.68 for every $1.00 the employer contributed; active participation has grown from 826 to 926 since 2022.

Plan summary
Net assets, end of year$11,701,410
Participants with balances722
Active participants926
Employer contributions$118,545
Employee contributions$1,740,404
Employer contribution per active participant$128
Average account balance$16,207
Benefits paid to participants$1,047,350
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 722 accts · $119K emplr
2023$9.8M · 496 accts · $162K emplr
2022$8.0M · 470 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,924
Investment management$49,284
Total administrative$169,208
The Njmhmc, LLC dba Hudson Regional Hospital 401(k) match · 2024
Employer contribution per active participant$128
Median for plans this size$2,416
2024$128 per active participant
2023$173 per active participant
2022$161 per active participant

Njmhmc, LLC dba Hudson Regional Hospital's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$119,924
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$35,647
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$13,638

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$169,208 · 1.57%
2023$134,331 · 1.51%
2022$118,918 · 1.48%
Similar plansHealth Care & Social Assistance · New Jersey
Juniper Communities LLC NJ$11.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812857619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.