Plan Ledger DOL Form 5500 · updated monthly

Sentara Holdings, Inc.401(k)

SENTARA 401(K) SAVINGS PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Sentara Holdings, Inc. reported $287,945 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,380 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 0.09% to 0.08%. 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 86th-largest of 2,266 plans among Virginia employers on file, and the 366th of 11,911 in health care & social assistance. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has grown from 3,448 to 3,952 since 2022.

Plan summary
Net assets, end of year$435,372,738
Participants with balances5,553
Active participants3,952
Employer contributions$9,406,759
Employee contributions$33,199,303
Employer contribution per active participant$2,380
Average account balance$78,403
Benefits paid to participants$32,843,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$435.4M · 5,553 accts · $9.4M emplr
2023$318.8M · 5,100 accts · $7.8M emplr
2022$257.1M · 4,901 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,794
Investment management$96,151
Total administrative$287,945
The Sentara Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,380
Median for plans this size$4,294
2024$2,380 per active participant
2023$1,898 per active participant
2022$1,998 per active participant

Sentara Holdings, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$209,755
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$79,601

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$287,945 · 0.08%
2023$268,656 · 0.09%
2022$260,813 · 0.09%
Similar plansHealth Care & Social Assistance · Virginia
Carilion Clinic VA$822.2M · 0.14%
Centra Health, Inc. VA$747.0M · 0.07%
Valley Health System VA$542.0M · 0.10%
Mary Washington Healthcare VA$400.3M · 0.08%
Sunrise Senior Living, LLC VA$360.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541555638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.