Plan Ledger DOL Form 5500 · updated monthly

Albany County Opportunity, Inc. Partnership403(b)

ALBANY COMMUNITY ACTION PARTNERSHIP 403(B) PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Albany County Opportunity, Inc. Partnership reported $20,908 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,051 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 0.73% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,684th of 5,648), and 8,573rd of 11,911 in health care & social assistance. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 146 to 131 since 2022.

Plan summary
Net assets, end of year$3,973,294
Participants with balances148
Active participants131
Employer contributions$137,673
Employee contributions$173,340
Employer contribution per active participant$1,051
Average account balance$26,847
Benefits paid to participants$98,107
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 148 accts · $138K emplr
2023$3.2M · 145 accts · $111K emplr
2022$2.8M · 160 accts · $113K emplr
Employer contributions to the Albany County Opportunity, Inc. Partnership plan · 2024
Employer contribution per active participant$1,051
Median for plans this size$1,313
2024$1,051 per active participant
2023$772 per active participant
2022$776 per active participant

Albany County Opportunity, Inc. Partnership's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$14,896

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$20,908 · 0.58%
2023$20,433 · 0.68%
2022$22,363 · 0.73%
Same employer
Similar plansHealth Care & Social Assistance · New York
Home/Life Services Inc. NY$4.0M · 1.78%
Equinox, Inc. NY$4.0M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 146037204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.