Plan Ledger DOL Form 5500 · updated monthly

Ambulatory Medical Practices Management Services Organization, Inc.401(k)

AMBULATORY MEDICAL PRACTICES MANAGEMENT SERVICES ORGANIZATION, INC. 401K PLAN · VALHALLA, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Ambulatory Medical Practices Management Services Organization, Inc. reported $86,304 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,177 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 0.30% to 0.33%. 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 2,081st-largest of 5,648 plans among New York employers on file, and the 2,956th of 11,911 in health care & social assistance. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,440,496
Participants with balances331
Active participants235
Employer contributions$746,675
Employee contributions$1,048,700
Employer contribution per active participant$3,177
Average account balance$82,902
Benefits paid to participants$2,139,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 331 accts · $747K emplr
2023$25.4M · 354 accts · $743K emplr
2022$24.2M · 341 accts · $705K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,304
Total administrative$86,304
The Ambulatory Medical Practices Management Services Organization, Inc. 401(k) match · 2024
Employer contribution per active participant$3,177
Median for plans this size$2,416
2024$3,177 per active participant
2023$2,950 per active participant
2022$2,936 per active participant

Ambulatory Medical Practices Management Services Organization, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$86,303
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$86,304 · 0.33%
2023$76,171 · 0.31%
2022$74,746 · 0.30%
Similar plansHealth Care & Social Assistance · New York
Bronxworks, Inc. NY$28.2M · 0.01%
Cityblock Health, Inc NY$27.5M · 0.46%
Sight Medical Doctors PLLC NY$27.3M · 0.04%
Neurological Surgery, P.C. NY$27.1M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452518871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.