Plan Ledger DOL Form 5500 · updated monthly

Southwestern Vermont Health Care403(b)

SOUTHWESTERN VERMONT HEALTH CARE 403(B) RETIREMENT SAVINGS PLAN · BENNINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Southwestern Vermont Health Care reported $159,386 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,582 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 26th-largest of 230 plans among Vermont employers on file, and the 1,293rd of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,146,388
Participants with balances1,416
Active participants1,254
Employer contributions$1,983,585
Employee contributions$4,270,710
Employer contribution per active participant$1,582
Average account balance$56,601
Benefits paid to participants$5,865,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.1M · 1,416 accts · $2.0M emplr
2023$70.9M · 1,356 accts · $1.8M emplr
2022$60.7M · 1,381 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,386
Total administrative$159,386
Employer contributions to the Southwestern Vermont Health Care plan · 2024
Employer contribution per active participant$1,582
Median for plans this size$3,635
2024$1,582 per active participant
2023$1,516 per active participant
2022$1,669 per active participant

Southwestern Vermont Health Care's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$159,386

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$159,386 · 0.21%
2023$138,546 · 0.21%
2022$142,278 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Howard Center VT$110.3M · 0.18%
Marathon Health, LLC. VT$81.1M · 0.35%
Gifford Health Care, Inc. VT$74.1M · 0.15%
Copley Health Systems, Inc. VT$51.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030179435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.