Plan Ledger DOL Form 5500 · updated monthly

Alternatives for ChildrenProfit-sharing plan

ALTERNATIVES FOR CHILDREN RETIREMENT PLAN · EAST SETAUKET, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Alternatives for Children reported $674 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,736 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 rose from 0.002% to 0.005%. 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 among the smaller plans on file in New York (2,879th of 5,648), and the 4,341st of 11,911 in health care & social assistance. active participation has shrunk from 211 to 182 since 2022.

Plan summary
Net assets, end of year$15,784,434
Participants with balances296
Active participants182
Employer contributions$2,500,000
Employee contributions$0
Employer contribution per active participant$13,736
Average account balance$53,326
Benefits paid to participants$1,066,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 296 accts · $2.5M emplr
2023$13.0M · 292 accts · $2.5M emplr
2022$10.3M · 259 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$674
Total administrative$674
Employer contributions to the Alternatives for Children plan · 2024
Employer contribution per active participant$13,736
Median for plans this size$2,416
2024$13,736 per active participant
2023$11,187 per active participant
2022$10,190 per active participant

Alternatives for Children's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
KESTRA INVESTMENT SERVICES LLCindirect comp

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$674 · 0.00%
2023$369 · 0.00%
2022$206 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · New York
Priority Care Group, LLC NY$16.2M · 1.12%
Bonadent, LLC NY$15.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112933851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.