Plan Ledger DOL Form 5500 · updated monthly

Albuquerque Health Care for the Homeless, Inc.403(b)

ALBUQUERQUE HEALTH CARE FOR THE HOMELESS 403(B) RETIREMENT PLAN · ALBUQUERQUE, NM · plan year 2019

Reported admin expense ratio · 2019
0.05%

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

Albuquerque Health Care for the Homeless, Inc. reported $1,290 in plan administrative expenses for 2019: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.04% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (225th of 290), and 9,320th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,911,977
Participants with balances112
Active participants89
Employer contributions$0
Employee contributions$326,335
Employer contribution per active participant$0
Average account balance$26,000
Benefits paid to participants$453,616
Plan auditDisclaimer of opinion
AuditorBURT & COMPANY CPAS, LLC
Plan history2
Yearassets · accounts · employer contribution
2019$2.9M · 112 accts
2018$2.5M · 102 accts
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$1,290
Total administrative$1,290
Employer contributions to the Albuquerque Health Care for the Homeless, Inc. plan · 2019
Employer contribution per active participant$0
Median for plans this size$892

Albuquerque Health Care for the Homeless, Inc.'s 2019 employer contribution ran below the $892 median for plans its size, in the bottom quarter of its peers. 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2019$1,290 · 0.05%
2018$1,120 · 0.04%
Similar plansHealth Care & Social Assistance · New Mexico
Tresco, Inc. NM$3.5M · 0.14%
Duke City Urgent Care LLC NM$2.1M · 0.04%
Basin Home Health, Inc. NM$2.1M · 0.67%
All Faiths NM$1.9M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850368993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.