Plan Ledger DOL Form 5500 · updated monthly

Atlantic Dialysis Management Service LLC401(k)

ATLANTIC DIALYSIS 401(K) PLAN, AFFILIATED AND RELATED COMPANIES · COLLEGE POINT, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Atlantic Dialysis Management Service LLC reported $116,764 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,380 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. 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 2,126th-largest of 5,648 plans among New York employers on file, and the 3,042nd of 11,911 in health care & social assistance. In 2024, employees put in $3.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,384,590
Participants with balances548
Active participants450
Employer contributions$620,950
Employee contributions$2,350,465
Employer contribution per active participant$1,380
Average account balance$48,147
Benefits paid to participants$2,445,087
Plan auditUnmodified (clean) audit opinion
AuditorWAGNER,FERBER,FINE & ACKERMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 548 accts · $621K emplr
2023$23.0M · 499 accts · $547K emplr
2022$19.6M · 450 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,764
Total administrative$116,764
The Atlantic Dialysis Management Service LLC 401(k) match · 2024
Employer contribution per active participant$1,380
Median for plans this size$2,416
2024$1,380 per active participant
2023$1,225 per active participant
2022$1,248 per active participant

Atlantic Dialysis Management Service LLC's 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,439
UB PENSIONS · Contract administrator · Other services$14,325

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$116,764 · 0.47%
2023$107,608 · 0.50%
2022$101,034 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · New York
Odyssey House, Inc. NY$27.0M · 0.17%
Unity House of Troy, Inc. NY$26.7M · 0.32%
Jewish Senior Life NY$26.2M · 0.43%
Highland Medical PC NY$26.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113393361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.