Plan Snapshot
- Plan Sponsor: Virtua Health, INC.
- Sponsor EIN: 223524939
- Sponsor Address: 303 LIPPINCOTT DR., MARLTON, NJ, 080534160
- Plan Type: 401(k)
- Total Participants: 13,739
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,739 | $1.2B | $37.7M | $77.3M |
| 2023 | 12,791 | $990.4M | $32.3M | $65.7M |
| 2022 | 11,240 | $829.9M | $28.9M | $58.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $474,447 | — | $474,447 |
| BALLARD SPAHR, LLP | ATTORNEY | $90,981 | — | $90,981 |
| MORGAN STANLEY GLOBAL BANKING | INVESTMENT ADVISOR | $85,000 | — | $85,000 |
| MAILLIE LLP | AUDITOR | $19,750 | — | $19,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- BALLARD SPAHR, LLP — ATTORNEY
- MORGAN STANLEY GLOBAL BANKING — INVESTMENT ADVISOR
- MAILLIE LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $670,178
- Estimated Expense Ratio: 0.057% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $692,428 | $85,000 | $474,447 | $19,750 | — |
| 2023 | $761,269 | $85,000 | $592,082 | $55,200 | — |
| 2022 | $684,182 | $85,000 | $565,484 | — | $33,698 |