Plan Ledger DOL Form 5500 · updated monthly

Steward Health Care401(k)

STEWARD HEALTH CARE 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Steward Health Care reported $1,283,322 in plan administrative expenses for 2023: 0.07% of average plan assets, above the peer median. Employer contributions averaged $195 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 rose from 0.03% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 73rd-largest of 5,688 plans among Texas employers on file, and the 97th of 11,911 in health care & social assistance. In 2023, employees put in $20.04 for every $1.00 the employer contributed; active participation has shrunk from 33,563 to 29,533 since 2022.

Plan summary
Net assets, end of year$1,834,765,013
Participants with balances23,859
Active participants29,533
Employer contributions$5,747,982
Employee contributions$115,193,290
Employer contribution per active participant$195
Average account balance$76,900
Benefits paid to participants$243,119,881
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSONO'CONNORFERONANDCARUCCILLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$1.6B · 19,605 accts · $5.0M emplr
2023$1.8B · 23,859 accts · $5.7M emplr
2022$1.7B · 26,641 accts · $20.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$804,360
Investment management$161,841
Audit (IQPA)$39,885
Total administrative$1,283,322
The Steward Health Care 401(k) match · 2023
Employer contribution per active participant$195
Median for plans this size$5,237
2024$563 per active participant
2023$195 per active participant
2022$608 per active participant

Steward Health Care's 2023 employer contribution ran below the $5,237 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
STEWARD HEALTHCARE SYSTEM LLC$185,595
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$152,402
CAPFINANCIAL PARTNERS, LLC · Consulting$87,418
BDO · Accounting / audit$39,885
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history4
2025Not separately reported
2024$1,302,450 · 0.08%
2023$1,283,322 · 0.07%
2022$559,863 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Texas
The Methodist Hospital TX$3.0B · 0.06%
Texas Children's TX$2.1B · 0.06%
The Methodist Hospital TX$2.0B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272473240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.