Plan Ledger DOL Form 5500 · updated monthly

St. Mary's Healthcare System for Children, Inc.403(b)

ST. MARY'S HEALTHCARE SYSTEM FOR CHILDREN, INC. 403(B) RETIREMENT PLAN · NEW HYDE PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

St. Mary's Healthcare System for Children, Inc. reported $395,831 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,295 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 0.39%. 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 745th-largest of 5,648 plans among New York employers on file, and the 1,033rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$108,388,557
Participants with balances1,922
Active participants1,191
Employer contributions$5,115,087
Employee contributions$5,006,370
Employer contribution per active participant$4,295
Average account balance$56,394
Benefits paid to participants$11,561,255
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.4M · 1,922 accts · $5.1M emplr
2023$97.1M · 1,885 accts · $4.9M emplr
2022$79.8M · 1,898 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$193,906
Investment management$201,925
Total administrative$395,831
Employer contributions to the St. Mary's Healthcare System for Children, Inc. plan · 2024
Employer contribution per active participant$4,295
Median for plans this size$3,635
2024$4,295 per active participant
2023$4,230 per active participant
2022$3,718 per active participant

St. Mary's Healthcare System for Children, Inc.'s 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$193,906
ASPIRE ADVISORS, LLC · Consulting · Insurance services$201,925
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$395,831 · 0.39%
2023$340,273 · 0.38%
2022$325,191 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · New York
St. Luke's Cornwall Hospital NY$109.6M · 0.05%
Hillside Children's Center NY$105.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113574493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.