Plan Ledger DOL Form 5500 · updated monthly

Advance Care Alliance of New York Inc.403(b)

ADVANCE CARE ALLIANCE OF NEW YORK INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Advance Care Alliance of New York Inc. reported $203,226 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,917 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 1 year on file its reported administrative ratio fell from 1.39% to 1.30%. 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 the 2,736th-largest of 5,648 plans among New York employers on file, and the 4,085th of 11,911 in health care & social assistance. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,343,211
Participants with balances1,074
Active participants1,055
Employer contributions$2,022,607
Employee contributions$1,657,250
Employer contribution per active participant$1,917
Average account balance$16,148
Benefits paid to participants$2,171,619
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.3M · 1,074 accts · $2.0M emplr
2023$14.0M · 879 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,226
Total administrative$203,226
Employer contributions to the Advance Care Alliance of New York Inc. plan · 2024
Employer contribution per active participant$1,917
Median for plans this size$2,416
2024$1,917 per active participant
2023$3,523 per active participant

Advance Care Alliance of New York 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$203,213
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$203,226 · 1.30%
2023$150,842 · 1.39%
Same employer
Similar plansHealth Care & Social Assistance · New York
Harlem Children's Zone, Inc NY$17.6M · 0.63%
Refuah Health Center, Inc. NY$17.2M · 0.51%
Process Insights, Inc. NY$17.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465489816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.