What are the fees in the 603 Healthcare LLC 401(k) plan?

For plan year 2024, 603 Healthcare LLC reported $9,996 in plan administrative expenses, or 2.04% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the 603 Healthcare LLC 401(k)?

The average participant account balance was $1,095 for plan year 2024, based on 447 accounts.

603 Healthcare LLC401(k)

Name: 603 Healthcare LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

603 HEALTHCARE 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024

2.04%

603 Healthcare LLC reported $9,996 in plan administrative expenses for 2024: 2.04% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,454th of 5,648), and 11,369th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$489,651
Participants with balances447
Active participants471
Employer contributions—
Employee contributions$256,824
Employer contribution per active participant—
Average account balance$1,095
Benefits paid to participants$843
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEW J. BERNIER CPA, LLC

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$9,996

Total administrative$9,996

What these fees cost you

Your balance

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 · 20245

FUTUREPLAN FIDUCIARY SERVICES, LLC · Recordkeeping · Loan processing$6,560

TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$2,882

PARK AVENUE SECURITIES · Investment advisory (plan)$231

RPA FINANCIAL LLC · Investment advisory (plan)$23

TRANSAMERICA TRUST COMPANY · Trustee$13

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

Administrative cost history1

2024$9,996 · 2.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 991615650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.