Plan Ledger DOL Form 5500 · updated monthly

Patriot Health Partners Inc.401(k)

PATRIOT HEALTH PARTNERS INC. MUTLIPLE EMPLOYER PLAN · MANCHESTER, NH · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Patriot Health Partners Inc. reported $171,768 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,577 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 has held roughly steady near 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 117th-largest of 411 plans among New Hampshire employers on file, and the 2,632nd of 11,911 in health care & social assistance. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,002,426
Participants with balances327
Active participants350
Employer contributions$1,251,893
Employee contributions$1,982,711
Employer contribution per active participant$3,577
Average account balance$97,867
Benefits paid to participants$1,809,557
Plan auditUnmodified (clean) audit opinion
AuditorR.A. HALL & CO. LLC
Plan history2
Yearassets · accounts · employer contribution
2023$32.0M · 327 accts · $1.3M emplr
2022$24.0M · 315 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$171,768
Total administrative$171,768
The Patriot Health Partners Inc. 401(k) match · 2023
Employer contribution per active participant$3,577
Median for plans this size$2,440
2023$3,577 per active participant
2022$3,360 per active participant

Patriot Health Partners Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$154,764
COMPASS 360, LLC · Recordkeeping · Loan processing$17,005
SAMET & COMPANY PC · Accounting / audit$2,500

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

Administrative cost history2
2023$171,768 · 0.61%
2022$153,940 · 0.59%
Similar plansHealth Care & Social Assistance · New Hampshire
Huggins Hospital NH$47.8M · 0.32%
Granite Vna, Inc. NH$42.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841755108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.