Plan Ledger DOL Form 5500 · updated monthly

Saint Peters Healthcare System, Inc401(k)

ST. PETER'S HEALTHCARE SYSTEM 401(K) PLAN · NEW BRUNSWICK, NJ · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Saint Peters Healthcare System, Inc reported $117,251 in plan administrative expenses for 2022: 0.13% of average plan assets, above the peer median. Employer contributions averaged $3,265 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 394th-largest of 2,419 plans among New Jersey employers on file, and the 1,166th of 11,911 in health care & social assistance. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,225,766
Participants with balances3,879
Active participants2,915
Employer contributions$9,518,334
Employee contributions$16,554,809
Employer contribution per active participant$3,265
Average account balance$23,776
Benefits paid to participants$3,554,355
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$115,321
Investment management$1,930
Total administrative$117,251
The Saint Peters Healthcare System, Inc 401(k) match · 2022
Employer contribution per active participant$3,265
Median for plans this size$3,449

Saint Peters Healthcare System, Inc's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$117,251 · 0.13%
All plans at this employer2
ST. PETER'S HEALTHCARE SYSTEM 403(B) DC PLAN PLAN403(b)
ST. PETER'S HEALTHCARE SYSTEM 401(K) PLAN401(k)
Similar plansHealth Care & Social Assistance · New Jersey
Cape Regional Medical Center NJ$108.6M · 0.24%
Mfa Benefits LLC NJ$100.5M · 0.41%
Bancroft NJ$96.6M · 0.22%
Care One Management, LLC NJ$85.4M · 0.42%
Careplus Bergen Inc. NJ$78.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262019056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.