Plan Ledger DOL Form 5500 · updated monthly

Brooks-Tlc Hospital System, Inc.401(k)

BROOKS-TLC HOSPITAL SYSTEM, INC. 401(K) RETIREMENT PLAN · DUNKIRK, NY · plan year 2022

Reported admin expense ratio · 2022
1.39%

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

Brooks-Tlc Hospital System, Inc. reported $78,197 in plan administrative expenses for 2022: 1.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.39% to 1.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,559th of 5,648), and 8,139th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,617,567
Participants with balances359
Active participants32
Employer contributions$0
Employee contributions$21,281
Employer contribution per active participant$0
Average account balance$12,862
Benefits paid to participants$849,716
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 211 accts · $141 emplr
2023$4.0M · 337 accts
2022$4.6M · 359 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$78,197
Total administrative$78,197
The Brooks-Tlc Hospital System, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Brooks-Tlc Hospital System, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$74,779 · 1.83%
2023$64,223 · 1.49%
2022$78,197 · 1.39%
Same employer
Similar plansHealth Care & Social Assistance · New York
Ideal Home Health Inc. NY$4.7M · 3.21%
Animoto Inc. NY$4.7M · 0.59%
New York Cares NY$4.6M · 0.02%
Farnham, Inc. NY$4.6M · 1.03%
United Hospice, Inc. NY$4.6M · 0.29%
Accord Corporation NY$4.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.