Plan Ledger DOL Form 5500 · updated monthly

Wellspan Health403(b)

WELLSPAN 403(B) RETIREMENT SAVINGS PLAN · YORK, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Wellspan Health reported $1,894,967 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,390 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 0.05% to 0.08%. 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 29th-largest of 3,651 plans among Pennsylvania employers on file, and the 63rd of 11,911 in health care & social assistance. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,642,286,795
Participants with balances26,376
Active participants21,551
Employer contributions$94,612,470
Employee contributions$133,666,695
Employer contribution per active participant$4,390
Average account balance$100,178
Benefits paid to participants$190,171,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6B · 26,376 accts · $94.6M emplr
2023$2.3B · 26,766 accts · $89.4M emplr
2022$1.8B · 26,408 accts · $84.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,245,921
Audit (IQPA)$649,046
Total administrative$1,894,967
The Wellspan Health 401(k) match · 2024
Employer contribution per active participant$4,390
Median for plans this size$5,259
2024$4,390 per active participant
2023$4,148 per active participant
2022$4,110 per active participant

Wellspan Health's 2024 employer contribution ran below the $5,259 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 · 202412
EMPOWER ADVISORY GROUP, LLC · Investment management$262,453
ALOKE DESNPANDE DBA SMARTPATH, INC. · Consulting$238,845
WELLSPAN HEALTH$100,285
VESTIA ADVISORS LLC$21,443
FLEXIBLE PLAN INVESTMENTS, LTD$8,685
PAULSON WEALTH MANAGEMENT$5,610
CHARLES SCHWAB & CO. · Securities brokerage$5,177
MZ KARK & ASSOCIATES$4,293
PHYSICIAN WEALTH SOLUTIONS$1,908
SHARAPORTFOLIO, INC.$347
STAMBAUGH NESS, INC. · Accounting / auditindirect comp

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$1,894,967 · 0.08%
2023$1,583,870 · 0.08%
2022$990,410 · 0.05%
All plans at this employer3
WELLSPAN 403(B) RETIREMENT SAVINGS PLAN403(b)
CHAMBERSBURG HOSPITAL 401(A) PLAN AND TRUSTProfit-sharing plan
CHAMBERSBURG HOSPITAL BARGAINING 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Penn State Health PA$3.4B · 0.03%
Geisinger System Services PA$3.0B · 0.04%
Main Line Health, Inc. PA$1.7B · 0.05%
Allegheny Health Network PA$1.4B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222517863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.