Plan Ledger DOL Form 5500 · updated monthly

Amida Care, Inc.403(b)

SECTION 403(B) RETIREMENT PLAN FOR AMIDA CARE, INC. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Amida Care, Inc. reported $52,353 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,223 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 0.77% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,669th-largest of 5,648 plans among New York employers on file, and 3,228th of 4,798 in finance & insurance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 163 to 180 since 2022.

Plan summary
Net assets, end of year$18,080,009
Participants with balances192
Active participants180
Employer contributions$580,062
Employee contributions$953,569
Employer contribution per active participant$3,223
Average account balance$94,167
Benefits paid to participants$655,015
Plan auditUnmodified (clean) audit opinion
AuditorPW PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 192 accts · $580K emplr
2023$14.8M · 217 accts · $531K emplr
2022$12.0M · 209 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,353
Total administrative$52,353
Employer contributions to the Amida Care, Inc. plan · 2024
Employer contribution per active participant$3,223
Median for plans this size$2,416
2024$3,223 per active participant
2023$3,067 per active participant
2022$2,860 per active participant

Amida Care, 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 · 20244
NATIONWIDE · Investment management · Custodial (securities)$3,475
GLOBAL RETIREMENT PARTNERS, LLC · Insurance broker · Investment advisory (participants)$32,266
APS PENTEGRA · Contract administrator · Plan administrator$9,408
IRON CO FID INDEX COMPREHENSIVE · Insurance broker · Investment advisory (participants)$8,253

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,353 · 0.32%
2023$84,007 · 0.63%
2022$99,968 · 0.77%
Same employer
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Pentegra Services Inc NY$19.3M · 0.56%
Walden Savings Bank NY$18.0M · 0.55%
Local 445 Annuity Fund NY$17.8M · 1.11%
Hanover Community Bank NY$17.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134154068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.