Plan Ledger DOL Form 5500 · updated monthly

St. Barnabas Health System, Inc.401(k)

ST BARNABAS EMPLOYEES RETIREMENT SAVINGS PLAN · GIBSONIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

St. Barnabas Health System, Inc. reported $74,943 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,217 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 0.57% to 0.41%. 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 1,570th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,778th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 606 to 669 since 2022.

Plan summary
Net assets, end of year$19,403,821
Participants with balances644
Active participants669
Employer contributions$814,431
Employee contributions$1,036,915
Employer contribution per active participant$1,217
Average account balance$30,130
Benefits paid to participants$1,802,797
Plan auditUnmodified (clean) audit opinion
AuditorHOLSINGER P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 644 accts · $814K emplr
2023$17.1M · 716 accts · $757K emplr
2022$13.6M · 622 accts · $616K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,943
Total administrative$74,943
The St. Barnabas Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$1,217
Median for plans this size$2,416
2024$1,217 per active participant
2023$1,109 per active participant
2022$1,017 per active participant

St. Barnabas Health System, Inc.'s 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$44,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,989

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$74,943 · 0.41%
2023$91,597 · 0.60%
2022$87,892 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
The Renfrew Centers, Inc. PA$19.8M · 0.39%
Menno Haven, Inc. PA$19.7M · 0.33%
Gaudenzia, Inc. PA$19.6M · 0.81%
Dunwoody Village Inc. PA$19.1M · 0.29%
Hope Enterprises, Inc. PA$19.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251552913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.