Plan Ledger DOL Form 5500 · updated monthly

Adirondack Community Action Programs, Inc.401(k)

ADIRONDACK COMMUNITY ACTION PROGRAMS, INC. RETIREMENT SAVINGS PLAN · ELIZABETHTOWN, NY · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Adirondack Community Action Programs, Inc. reported $1,265 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,372 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 fell from 0.06% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,677th of 5,648), and 8,528th of 11,911 in health care & social assistance. In 2023, the employer put in $2.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,032,552
Participants with balances157
Active participants134
Employer contributions$183,853
Employee contributions$81,981
Employer contribution per active participant$1,372
Average account balance$25,685
Benefits paid to participants$131,084
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 158 accts · $172K emplr
2023$4.0M · 157 accts · $184K emplr
2022$3.4M · 148 accts · $150K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,265
Total administrative$1,265
The Adirondack Community Action Programs, Inc. 401(k) match · 2023
Employer contribution per active participant$1,372
Median for plans this size$1,308
2024$1,400 per active participant
2023$1,372 per active participant
2022$1,189 per active participant

Adirondack Community Action Programs, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$1,250 · 0.03%
2023$1,265 · 0.03%
2022$1,920 · 0.06%
Similar plansHealth Care & Social Assistance · New York
The Fresh Air Fund NY$4.2M · 0.16%
Woodland Pond NY$4.2M · 0.66%
Home/Life Services Inc. NY$4.0M · 1.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141490418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.