Plan Ledger DOL Form 5500 · updated monthly

Scripps HealthMoney purchase plan

SCRIPPS HEALTH RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Scripps Health reported $1,334,500 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,474 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 0.02% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 106th-largest of 9,483 plans among California employers on file, and the 138th of 11,911 in health care & social assistance. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has grown from 15,132 to 17,768 since 2022.

Plan summary
Net assets, end of year$1,330,169,745
Participants with balances21,170
Active participants17,768
Employer contributions$61,724,575
Employee contributions$57,359,180
Employer contribution per active participant$3,474
Average account balance$62,833
Benefits paid to participants$126,409,038
Plan auditUnmodified (clean) audit opinion
AuditorERNST AND YOUNG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 21,170 accts · $61.7M emplr
2023$1.2B · 20,796 accts · $57.3M emplr
2022$991.3M · 19,831 accts · $51.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,334,500
Total administrative$1,334,500
Employer contributions to the Scripps Health plan · 2024
Employer contribution per active participant$3,474
Median for plans this size$5,259
2024$3,474 per active participant
2023$3,551 per active participant
2022$3,401 per active participant

Scripps Health's 2024 employer contribution ran below the $5,259 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$228,888
ERNST & YOUNG LLP · Accounting / audit$35,228
L+L PRINTERS · Other services$5,134

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$1,334,500 · 0.11%
2023$1,241,176 · 0.11%
2022$266,510 · 0.02%
All plans at this employer2
SCRIPPS HEALTH RETIREMENT SAVINGS PLANMoney purchase plan
SCRIPPS HEALTH 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · California
Molina Healthcare, Inc. CA$1.4B · 0.08%
Memorial Health Services CA$1.4B · 0.08%
Sharp Healthcare CA$1.4B · 0.09%
John Muir Health CA$1.4B · 0.07%
Radiology Partners Inc CA$1.0B · 0.07%
El Camino Hospital CA$976.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951684089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.