Plan Ledger DOL Form 5500 · updated monthly

Active Retirement Community Inc.403(b)

ACTIVE RETIREMENT COMMUNITY D/B/A JEFFERSON'S FERRY 403(B) TAX DEFERRED INVESTMENT SAVINGS PLAN · SOUTH SETAUKET, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Active Retirement Community Inc. reported $33,350 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,602 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. 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 (3,389th of 5,648), and the 5,267th of 11,911 in health care & social assistance. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 299 to 373 since 2022.

Plan summary
Net assets, end of year$11,574,497
Participants with balances301
Active participants373
Employer contributions$597,622
Employee contributions$628,448
Employer contribution per active participant$1,602
Average account balance$38,453
Benefits paid to participants$1,571,173
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 301 accts · $598K emplr
2023$10.7M · 263 accts · $542K emplr
2022$8.9M · 251 accts · $528K emplr
Employer contributions to the Active Retirement Community Inc. plan · 2024
Employer contribution per active participant$1,602
Median for plans this size$2,416
2024$1,602 per active participant
2023$1,641 per active participant
2022$1,766 per active participant

Active Retirement Community Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ASPIRE ADVISORS · Recordkeeping · Custodial$24,588
BENEFIT PLANS ADMINISTRATIVE SERVIC · Recordkeeping · Custodial$6,472

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

Recordkeeper by year2
2024ASPIRE ADVISORS, BENEFIT PLANS ADMINISTRATIVE SERVIC
2023ASPIRE ADVISORS, BENEFIT PLANS ADMINISTRATIVE SERVIC

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Administrative cost history3
2024$33,350 · 0.30%
2023$31,275 · 0.32%
2022$29,014 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · New York
Island Medical Services NY$11.7M · 0.05%
The Floating Hospital, Inc. NY$11.6M · 0.31%
A & T Healthcare, L.L.C. NY$11.4M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311631439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.