Plan Ledger DOL Form 5500 · updated monthly

The New York-Presbyterian Hospital403(b)

THE RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The New York-Presbyterian Hospital reported $1,705,190 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $363 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 0.06% to 0.04%. 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 31st-largest of 5,648 plans among New York employers on file, and the 23rd of 11,911 in health care & social assistance. In 2024, employees put in $20.58 for every $1.00 the employer contributed; active participation has grown from 41,528 to 50,152 since 2022.

Plan summary
Net assets, end of year$4,829,860,840
Participants with balances63,840
Active participants50,152
Employer contributions$18,200,879
Employee contributions$374,653,516
Employer contribution per active participant$363
Average account balance$75,656
Benefits paid to participants$282,055,092
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8B · 63,840 accts · $18.2M emplr
2023$4.1B · 61,873 accts · $14.8M emplr
2022$3.3B · 58,629 accts · $13.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,546,101
Investment management$159,089
Total administrative$1,705,190
Employer contributions to the The New York-Presbyterian Hospital plan · 2024
Employer contribution per active participant$363
Median for plans this size$5,259
2024$363 per active participant
2023$325 per active participant
2022$333 per active participant

The New York-Presbyterian Hospital'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 · 20248
TRANSAMERIA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$80
AON INVESTMENTS USA INC. · Investment advisory (plan)$159,089
LINCOLN NATIONAL CORPORATION · Contract administrator$4,936
EMPOWER FINANCIAL SERVICES, INC · Securities brokerage$2,355
CHARLES SCHWAB & CO., INC. · 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
2024TIAA, TRANSAMERIA RETIREMENT SOLUTIONS
2023Empower, NATIONAL FINANCIAL SERVICES, LLC, TRANSAMERIA RETIREMENT SOLUTIONS

This plan has changed recordkeepers within these filings. If you left The New York-Presbyterian Hospital before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,705,190 · 0.04%
2023$1,976,429 · 0.05%
2022$2,227,806 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · New York
Northwell Health, Inc. NY$10.9B · 0.03%
Montefiore Medical Center NY$4.3B · 0.00%
Nyu Langone Hospitals NY$3.6B · 0.03%
Essilorluxottica USA Inc NY$1.5B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133957095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.