Plan Ledger DOL Form 5500 · updated monthly

Aspire of Western New York, Inc.403(b)

ASPIRE EMPLOYEES' RETIREMENT PLAN · GETZVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Aspire of Western New York, Inc. reported $49,731 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $731 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 0.15% to 0.14%. 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 1,661st-largest of 5,648 plans among New York employers on file, and the 2,315th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,171,594
Participants with balances1,913
Active participants1,539
Employer contributions$1,124,891
Employee contributions$1,853,871
Employer contribution per active participant$731
Average account balance$19,954
Benefits paid to participants$3,124,473
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 1,913 accts · $1.1M emplr
2023$33.8M · 1,821 accts · $468K emplr
2022$31.5M · 1,013 accts · $871K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,548
Audit (IQPA)$18,000
Total administrative$49,731
Employer contributions to the Aspire of Western New York, Inc. plan · 2024
Employer contribution per active participant$731
Median for plans this size$2,416
2024$731 per active participant
2023$300 per active participant
2022$583 per active participant

Aspire of Western New York, Inc.'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 · 20245
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$24,996
BONADIO AND CO LLP · Accounting / audit$18,000
WELLTH ADVISORY SERVICES LLC · Pension consulting · Investment advisory (plan)$2,814
GLOBAL RETIREMENT PARTNERS LLC · Pension consulting · Investment advisory (plan)$2,732
AXA EQUITABLE LIFE INSURANCE CO. · Trustee (directed) · Investment management$1,553

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$49,731 · 0.14%
2023$39,715 · 0.12%
2022$43,512 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · New York
Henry Street Settlement NY$36.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160757756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.