Plan Ledger DOL Form 5500 · updated monthly

Alice Hyde Medical Center401(k)

SAVINGS PLAN FOR EMPLOYEES OF ALICE HYDE MEDICAL CENTER · MALONE, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Alice Hyde Medical Center reported $64,496 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,799 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 0.119%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,245th-largest of 5,648 plans among New York employers on file, and the 1,685th of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,365,141
Participants with balances540
Active participants593
Employer contributions$1,066,838
Employee contributions$2,728,365
Employer contribution per active participant$1,799
Average account balance$106,232
Benefits paid to participants$3,748,173
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY
Plan history3
Yearassets · accounts · employer contribution
2024$57.4M · 540 accts · $1.1M emplr
2023$51.1M · 497 accts · $824K emplr
2022$44.2M · 502 accts · $813K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,241
Investment management$14,065
Audit (IQPA)$12,000
Total administrative$64,496
The Alice Hyde Medical Center 401(k) match · 2024
Employer contribution per active participant$1,799
Median for plans this size$3,635
2024$1,799 per active participant
2023$1,602 per active participant
2022$1,430 per active participant

Alice Hyde Medical Center's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,241
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,065
MCSOLEY MCCOY & CO · Accounting / audit$12,000

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

Administrative cost history3
2024$64,496 · 0.12%
2023$46,271 · 0.10%
2022$58,097 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · New York
The McGuire Group NY$58.3M · 0.27%
Northwell Health Inc. NY$58.1M · 0.04%
Young Adult Institute, Inc. NY$57.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150346515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.