Plan Ledger DOL Form 5500 · updated monthly

St. James Hospital401(k)

ST. JAMES HOSPITAL 401(K) PLAN · HORNELL, NY · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

St. James Hospital reported $104,207 in plan administrative expenses for 2024: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,663 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 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,715th of 5,648), and 5,961st of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 356 to 301 since 2022.

Plan summary
Net assets, end of year$9,257,836
Participants with balances365
Active participants301
Employer contributions$500,600
Employee contributions$932,781
Employer contribution per active participant$1,663
Average account balance$25,364
Benefits paid to participants$1,058,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 365 accts · $501K emplr
2023$7.9M · 304 accts · $510K emplr
2022$6.3M · 270 accts · $391K emplr
Administrative expenses, itemized · 2024
Investment management$23,650
Total administrative$104,207
The St. James Hospital 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$1,313
2024$1,663 per active participant
2023$1,177 per active participant
2022$1,099 per active participant

St. James Hospital's 2024 employer contribution ran above the $1,313 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 · 20242
BURKE GROUP · Participant communication$80,557
ALESCO ADVISORS LLC · Investment advisory (plan)$23,650

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$104,207 · 1.22%
2023$87,166 · 1.23%
2022$76,888 · 1.28%
Same employer
Similar plansHealth Care & Social Assistance · New York
Wellthy, Inc. NY$9.3M · 0.23%
East House Corporation NY$9.3M · 0.15%
Abbott House, Inc. NY$9.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.