Plan Ledger DOL Form 5500 · updated monthly

Boston Children's Health Physicians, LLP401(k)

BOSTON CHILDREN'S HEALTH PHYSICIANS, LLP 401(K) RETIREMENT PLAN · VALHALLA, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Boston Children's Health Physicians, LLP reported $18,625 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,732 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 0.018% to 0.021%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 805th-largest of 5,648 plans among New York employers on file, and the 1,113th of 11,911 in health care & social assistance. In 2024, employees put in $4.17 for every $1.00 the employer contributed; active participation has grown from 743 to 854 since 2022.

Plan summary
Net assets, end of year$98,419,718
Participants with balances1,149
Active participants854
Employer contributions$1,478,752
Employee contributions$6,171,914
Employer contribution per active participant$1,732
Average account balance$85,657
Benefits paid to participants$3,264,025
Plan auditUnmodified (clean) audit opinion
AuditorHBK CPAS & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$98.4M · 1,149 accts · $1.5M emplr
2023$83.1M · 1,125 accts · $1.4M emplr
2022$67.2M · 1,029 accts · $545K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,025
Total administrative$18,625
The Boston Children's Health Physicians, LLP 401(k) match · 2024
Employer contribution per active participant$1,732
Median for plans this size$3,635
2024$1,732 per active participant
2023$1,722 per active participant
2022$733 per active participant

Boston Children's Health Physicians, LLP's 2024 employer contribution ran below the $3,635 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 · 20243
COMMONWEALTH EQUITY SERVICESindirect comp
CONCIERGE RETIREMENT SERVICES INC · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)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$18,625 · 0.02%
2023$13,130 · 0.02%
2022$12,897 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · New York
St. Elizabeth Medical Center NY$101.6M · 0.23%
Nyack Hospital NY$98.0M · 0.22%
Cassena Care, LLC NY$97.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133956599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.