Plan Ledger DOL Form 5500 · updated monthly

Serv Behavioral Health System, Inc.401(k)

SERV BEHAVIORAL HEALTH SYSTEM 401(K) RETIREMENT PLAN · EWING, NJ · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Serv Behavioral Health System, Inc. reported $176,367 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,742 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 0.75% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 872nd-largest of 2,419 plans among New Jersey employers on file, and the 2,939th of 11,911 in health care & social assistance. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 591 to 661 since 2022.

Plan summary
Net assets, end of year$27,631,418
Participants with balances683
Active participants661
Employer contributions$1,151,231
Employee contributions$1,563,898
Employer contribution per active participant$1,742
Average account balance$40,456
Benefits paid to participants$3,258,824
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 683 accts · $1.2M emplr
2023$25.3M · 729 accts · $1.6M emplr
2022$21.9M · 829 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$176,367
Total administrative$176,367
The Serv Behavioral Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$1,742
Median for plans this size$2,416
2024$1,742 per active participant
2023$2,442 per active participant
2022$2,982 per active participant

Serv Behavioral Health System, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$78,244
NEWPORT CAPITAL · Insurance broker$60,620
ASCENSUS · Investment advisory (plan)$59,384

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$176,367 · 0.67%
2023$164,484 · 0.70%
2022$150,659 · 0.75%
Similar plansHealth Care & Social Assistance · New Jersey
Atlas Healthcare, LLC NJ$27.5M · 0.28%
Bonnie Brae NJ$26.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222090976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.