Plan Ledger DOL Form 5500 · updated monthly

Bronx Center for Rehabilitation & Healthcare401(k)

BRONX CENTER HEALTHCARE SYSTEMS 401(K) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Bronx Center for Rehabilitation & Healthcare reported $645,745 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $86 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 0.87% to 0.92%. 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 976th-largest of 5,648 plans among New York employers on file, and the 1,324th of 11,911 in health care & social assistance. In 2024, employees put in $10.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,143,404
Participants with balances1,808
Active participants10,351
Employer contributions$895,162
Employee contributions$9,383,054
Employer contribution per active participant$86
Average account balance$42,668
Benefits paid to participants$5,720,151
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$77.1M · 1,808 accts · $895K emplr
2023$63.8M · 3,450 accts · $828K emplr
2022$50.3M · 3,434 accts · $579K emplr
The Bronx Center for Rehabilitation & Healthcare 401(k) match · 2024
Employer contribution per active participant$86
Median for plans this size$3,635
2024$86 per active participant
2023$80 per active participant
2022$54 per active participant

Bronx Center for Rehabilitation & Healthcare'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 · 20244
THE BENEFIT ADVANTAGE, INC. · Recordkeeping · Loan processing$311,275
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$264,322
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$69,448
MML INVESTORS · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024THE BENEFIT ADVANTAGE, INC., Transamerica
2023THE BENEFIT ADVANTAGE, INC., Transamerica

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

Administrative cost history3
2024$645,745 · 0.92%
2023$515,108 · 0.90%
2022$481,702 · 0.87%
Similar plansHealth Care & Social Assistance · New York
Auburn Community Hospital NY$77.2M · 0.39%
Urban Health Plan, Inc. NY$77.1M · 0.41%
Sdg Mgmt Company, LLC NY$76.6M · 0.24%
Oneida Healthcare Center NY$75.8M · 0.30%
Oswego Health NY$75.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134021585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.