Plan Ledger DOL Form 5500 · updated monthly

St. Barnabas Hospital403(b)

ST. BARNABAS HOSPITAL 403(B) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

St. Barnabas Hospital reported $163,830 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $774 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 0.18% to 0.12%. 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 589th-largest of 5,648 plans among New York employers on file, and the 794th of 11,911 in health care & social assistance. In 2024, employees put in $5.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$149,557,806
Participants with balances1,958
Active participants2,963
Employer contributions$2,294,796
Employee contributions$13,086,552
Employer contribution per active participant$774
Average account balance$76,383
Benefits paid to participants$10,199,037
Plan auditUnmodified (clean) audit opinion
AuditorFUST CHARLES
Plan history3
Yearassets · accounts · employer contribution
2024$149.6M · 1,958 accts · $2.3M emplr
2023$128.7M · 1,925 accts · $2.2M emplr
2022$105.3M · 1,853 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,830
Total administrative$163,830
Employer contributions to the St. Barnabas Hospital plan · 2024
Employer contribution per active participant$774
Median for plans this size$3,635
2024$774 per active participant
2023$783 per active participant
2022$744 per active participant

St. Barnabas Hospital'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
LINCOLN NATIONAL CORPORATION · Contract administrator$163,830

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$163,830 · 0.12%
2023$171,673 · 0.15%
2022$199,208 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · New York
Sun River Health, Inc. NY$156.7M · 0.15%
Arnot Ogden Medical Center NY$151.7M · 0.25%
Medisys Venture, Inc. NY$147.3M · 0.24%
The Fedcap Group, Inc. NY$140.1M · 0.03%
Bronxcare Health System NY$135.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131740122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.