Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Doctors Council Annuity Fund 2Money purchase plan

DOCTORS COUNCIL ANNUITY FUND 2 · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Board of Trustees Doctors Council Annuity Fund 2 reported $92,567 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $17,127 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 0.36% to 0.35%. 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 2,053rd-largest of 5,648 plans among New York employers on file, and 2,525th of 4,798 in finance & insurance. active participation has shrunk from 97 to 87 since 2022.

Plan summary
Net assets, end of year$27,995,910
Participants with balances294
Active participants87
Employer contributions$1,490,082
Employee contributions—
Employer contribution per active participant$17,127
Average account balance$95,224
Benefits paid to participants$1,136,345
Plan auditUnmodified (clean) audit opinion
AuditorGOULD KOBRICK & SCHLAPP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 294 accts · $1.5M emplr
2023$25.6M · 302 accts · $1.5M emplr
2022$23.7M · 314 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,678
Investment management$3,994
Audit (IQPA)$13,000
Total administrative$92,567
Employer contributions to the Board of Trustees Doctors Council Annuity Fund 2 plan · 2024
Employer contribution per active participant$17,127
Median for plans this size$2,416
2024$17,127 per active participant
2023$16,709 per active participant
2022$15,224 per active participant

Board of Trustees Doctors Council Annuity Fund 2'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 · 20245
DOCTORS COUNCIL · Recordkeeping$31,583
DOCTORS COUNCIL WELFARE PLAN · Recordkeeping$16,446
PRYOR CASHMAN LLP · Legal$18,831
GOULD KOBRICK & SCHLAPP, PC · Accounting / audit$13,000
EMPOWER LIFE & ANNUITY INSURANCE · Contract administrator$244

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

Recordkeeper by year2
2024DOCTORS COUNCIL, DOCTORS COUNCIL WELFARE PLAN
2023DOCTORS COUNCIL, DOCTORS COUNCIL WELFARE PLAN

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

Administrative cost history3
2024$92,567 · 0.35%
2023$83,472 · 0.34%
2022$87,924 · 0.36%
Similar plansFinance & Insurance · New York
Sterling & Sterling, LLC NY$28.1M · 0.42%
Gemini Trust Company, LLC NY$28.0M · 0.03%
Brean Capital, LLC NY$27.9M · 0.42%
Bc USA Gp, LLC NY$27.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134142891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.