Plan Ledger DOL Form 5500 · updated monthly

Sutter Health403(b)

SUTTER HEALTH 403(B) SAVINGS PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sutter Health reported $1,844,270 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $653 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 0.029% to 0.026%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 21st-largest of 9,483 plans among California employers on file, and the 14th of 11,911 in health care & social assistance. In 2024, employees put in $14.97 for every $1.00 the employer contributed; active participation has grown from 50,273 to 59,303 since 2022.

Plan summary
Net assets, end of year$7,627,819,067
Participants with balances74,276
Active participants59,303
Employer contributions$38,741,008
Employee contributions$579,817,629
Employer contribution per active participant$653
Average account balance$102,696
Benefits paid to participants$477,490,604
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6B · 74,276 accts · $38.7M emplr
2023$6.5B · 71,322 accts · $34.8M emplr
2022$5.3B · 67,449 accts · $32.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$639,440
Total administrative$1,844,270
Employer contributions to the Sutter Health plan · 2024
Employer contribution per active participant$653
Median for plans this size$5,259
2024$653 per active participant
2023$633 per active participant
2022$640 per active participant

Sutter Health's 2024 employer contribution ran below the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,844,270

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$1,844,270 · 0.03%
2023$1,721,317 · 0.03%
2022$1,681,766 · 0.03%
All plans at this employer5
SUTTER HEALTH TAX DEFERRED ANNUITY EMPLOYER MATCH PLAN403(b)
SUTTER HEALTH RETIREMENT INCOME PLANProfit-sharing plan
SUTTER HEALTH 403(B) SAVINGS PLAN403(b)
SUTTER HEALTH 401(K) SAVINGS PLAN401(k)
SUTTER HEALTH 403(B) LEGACY RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · California
Stanford Health Care CA$6.9B · 0.03%
Vituity CA$2.2B · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942788907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.