Plan Ledger DOL Form 5500 · updated monthly

Presbyterian Healthcare Services403(b)

PRESBYTERIAN HEALTHCARE SERVICES 403(B) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Presbyterian Healthcare Services reported $142,745 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.020% to 0.016%. 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 3rd-largest of 290 plans among New Mexico employers on file, and the 195th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$967,775,957
Participants with balances18,530
Active participants12,160
Employer contributions$0
Employee contributions$68,989,432
Employer contribution per active participant$0
Average account balance$52,228
Benefits paid to participants$96,059,226
Plan auditUnmodified (clean) audit opinion
AuditorREDW LLC
Plan history3
Yearassets · accounts · employer contribution
2024$967.8M · 18,530 accts
2023$865.1M · 17,878 accts
2022$729.3M · 17,206 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,745
Total administrative$142,745
Employer contributions to the Presbyterian Healthcare Services plan · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Presbyterian Healthcare Services's 2024 employer contribution ran below the $4,294 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 · 20241
FID INV INST OPS CO · Recordkeeping · Loan processing$142,745

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$142,745 · 0.02%
2023$158,817 · 0.02%
2022$157,506 · 0.02%
All plans at this employer2
PRESBYTERIAN HEALTHCARE SERVICES 403(B) PLAN403(b)
PRESBYTERIAN HEALTHCARE SERVICES 401(A) PLANProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
El Camino Hospital CA$976.1M · 0.04%
Wp Citymd Bidco, LLC NY$973.2M · 0.10%
Dartmouth-Hitchcock Clinic NH$971.5M · 0.06%
Kindred Healthcare LLC KY$969.3M · 0.09%
Saint Luke's Health System MO$960.9M · 0.15%
Amedisys Holding, LLC LA$954.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850105601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.