Plan Ledger DOL Form 5500 · updated monthly

All Metro Health Care401(k)

ALL METRO HEALTH CARE 401(K) PROFIT SHARING PLAN AND TRUST · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

All Metro Health Care reported $155,384 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $184 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 0.81% to 0.49%. 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 1,797th-largest of 5,648 plans among New York employers on file, and the 2,518th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 12,264 to 19,122 since 2022.

Plan summary
Net assets, end of year$34,125,872
Participants with balances2,619
Active participants19,122
Employer contributions$3,516,894
Employee contributions$5,650,210
Employer contribution per active participant$184
Average account balance$13,030
Benefits paid to participants$4,930,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 2,619 accts · $3.5M emplr
2023$29.7M · 2,228 accts · $3.3M emplr
2022$21.6M · 1,717 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,384
Total administrative$155,384
The All Metro Health Care 401(k) match · 2024
Employer contribution per active participant$184
Median for plans this size$2,416
2024$184 per active participant
2023$228 per active participant
2022$25 per active participant

All Metro Health Care's 2024 employer contribution ran below the $2,416 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$155,383

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

Recordkeeper by year2
2024ADP
2023ADP, OPPENHEIMER & CO. INC.

This plan has changed recordkeepers within these filings. If you left All Metro Health Care before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$155,384 · 0.49%
2023$168,842 · 0.66%
2022$184,925 · 0.81%
Similar plansHealth Care & Social Assistance · New York
Columbia Memorial Hospital NY$34.4M · 0.57%
Engel Burman Senior Housing NY$33.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841623916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.