Plan Ledger DOL Form 5500 · updated monthly

Phoenix Children's Hospital401(k)

PHOENIX CHILDREN'S HOSPITAL SECTION 401(K) INVESTMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Phoenix Children's Hospital reported $349,094 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,947 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 0.063% to 0.055%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 23rd-largest of 1,285 plans among Arizona employers on file, and the 267th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 6,560 to 8,058 since 2022.

Plan summary
Net assets, end of year$691,063,348
Participants with balances7,498
Active participants8,058
Employer contributions$23,745,126
Employee contributions$47,353,910
Employer contribution per active participant$2,947
Average account balance$92,166
Benefits paid to participants$47,608,574
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$691.1M · 7,498 accts · $23.7M emplr
2023$574.3M · 6,937 accts · $19.4M emplr
2022$461.4M · 6,258 accts · $16.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$299,298
Total administrative$349,094
The Phoenix Children's Hospital 401(k) match · 2024
Employer contribution per active participant$2,947
Median for plans this size$4,294
2024$2,947 per active participant
2023$2,671 per active participant
2022$2,571 per active participant

Phoenix Children's Hospital's 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$299,499
PHOENIX CHILDREN'S HOSPITAL · Plan administrator$49,796

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$349,094 · 0.06%
2023$306,521 · 0.06%
2022$313,253 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Banner Health AZ$4.9B · 0.09%
Honorhealth AZ$1.2B · 0.03%
Vitalant AZ$428.6M · 0.13%
Tmc Healthcare AZ$379.4M · 0.15%
District Medical Group, Inc. AZ$300.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860422559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.