Plan Ledger DOL Form 5500 · updated monthly

Oswego Health403(b)

OSWEGO HEALTH 403(B) RETIREMENT PLAN · OSWEGO, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Oswego Health reported $279,130 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $984 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 0.35% to 0.39%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 998th-largest of 5,648 plans among New York employers on file, and the 1,358th of 11,911 in health care & social assistance. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 1,255 to 1,491 since 2022.

Plan summary
Net assets, end of year$75,218,717
Participants with balances1,535
Active participants1,491
Employer contributions$1,467,276
Employee contributions$4,984,731
Employer contribution per active participant$984
Average account balance$49,002
Benefits paid to participants$8,669,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.2M · 1,535 accts · $1.5M emplr
2023$67.8M · 1,527 accts · $1.4M emplr
2022$58.3M · 1,441 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,409
Investment management$137,721
Total administrative$279,130
Employer contributions to the Oswego Health plan · 2024
Employer contribution per active participant$984
Median for plans this size$3,635
2024$984 per active participant
2023$985 per active participant
2022$1,027 per active participant

Oswego Health's 2024 employer contribution ran below the $3,635 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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$131,205
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$137,721

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$279,130 · 0.39%
2023$233,691 · 0.37%
2022$220,540 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · New York
Urban Health Plan, Inc. NY$77.1M · 0.41%
Sdg Mgmt Company, LLC NY$76.6M · 0.24%
Oneida Healthcare Center NY$75.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150532220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.