Plan Ledger DOL Form 5500 · updated monthly

Advantagecare Physicians, P.C.401(k)

ADVANTAGECARE PHYSICIANS PC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Advantagecare Physicians, P.C. reported $105,342 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,910 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 0.033%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 318th-largest of 5,648 plans among New York employers on file, and the 449th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 1,000 to 863 since 2022.

Plan summary
Net assets, end of year$333,446,151
Participants with balances1,346
Active participants863
Employer contributions$4,237,454
Employee contributions$8,666,610
Employer contribution per active participant$4,910
Average account balance$247,731
Benefits paid to participants$29,996,284
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$333.4M · 1,346 accts · $4.2M emplr
2023$301.9M · 1,372 accts · $4.3M emplr
2022$259.6M · 1,891 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,991
Investment management$99,051
Total administrative$105,342
The Advantagecare Physicians, P.C. 401(k) match · 2024
Employer contribution per active participant$4,910
Median for plans this size$4,294
2024$4,910 per active participant
2023$4,806 per active participant
2022$4,314 per active participant

Advantagecare Physicians, P.C.'s 2024 employer contribution ran above the $4,294 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 · 20243
EMPOWER LIFE & ANNUITY INSURANCE CO · Recordkeeping · Loan processing$5,991
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$99,051
QDRO CONSULTANTS COMPANY, LLC · Consulting$300

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$105,342 · 0.03%
2023$95,436 · 0.03%
2022$90,697 · 0.03%
All plans at this employer3
ADVANTAGECARE PHYSICIANS PC 401(K) PLAN401(k)
ADVANTAGECARE PHYSICIANS, P.C. UNION 401(K)401(k)
STATEN ISLAND PHYSICIAN PRACTICE, P.C. UNION EMPLOYEES PENSION PLANMoney purchase plan
Same employer
Similar plansHealth Care & Social Assistance · New York
Saratoga Hospital NY$367.6M · 0.19%
Teladoc Health, Inc. NY$305.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460970995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.