Plan Ledger DOL Form 5500 · updated monthly

Acacia Network Housing, Inc.401(k)

ACACIA NETWORK HOUSING, INC. 401(K) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Acacia Network Housing, Inc. reported $109,906 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,236 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 0.76% to 0.95%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,248th of 5,648), and the 4,997th of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,610,973
Participants with balances2,174
Active participants996
Employer contributions$1,231,387
Employee contributions$2,255,628
Employer contribution per active participant$1,236
Average account balance$5,801
Benefits paid to participants$2,445,635
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 2,174 accts · $1.2M emplr
2023$10.4M · 1,859 accts · $989K emplr
2022$7.8M · 1,507 accts · $947K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,444
Investment management$24,462
Total administrative$109,906
The Acacia Network Housing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,236
Median for plans this size$2,416
2024$1,236 per active participant
2023$1,006 per active participant
2022$1,043 per active participant

Acacia Network Housing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$100,507
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,906 · 0.95%
2023$64,588 · 0.71%
2022$59,432 · 0.76%
Similar plansHealth Care & Social Assistance · New York
Community Access, Inc. NY$12.7M · 0.30%
Little Falls Hospital NY$12.7M · 0.01%
Hudson Valley Hospice NY$12.7M · 0.46%
Yeled Vyalda E.C.C., Inc. NY$12.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260076866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.