Plan Ledger DOL Form 5500 · updated monthly

Cardiovascular Research Foundation401(k)

CARDIOVASCULAR RESEARCH FOUNDATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Cardiovascular Research Foundation reported $14,383 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,154 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 0.04% to 0.07%. 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 2,262nd-largest of 5,648 plans among New York employers on file, and the 3,279th of 11,911 in health care & social assistance. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 154 to 182 since 2022.

Plan summary
Net assets, end of year$23,755,947
Participants with balances197
Active participants182
Employer contributions$573,990
Employee contributions$1,409,965
Employer contribution per active participant$3,154
Average account balance$120,589
Benefits paid to participants$518,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 197 accts · $574K emplr
2023$19.4M · 182 accts · $504K emplr
2022$16.8M · 179 accts · $478K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,709
Investment management$674
Total administrative$14,383
The Cardiovascular Research Foundation 401(k) match · 2024
Employer contribution per active participant$3,154
Median for plans this size$2,416
2024$3,154 per active participant
2023$3,019 per active participant
2022$3,103 per active participant

Cardiovascular Research Foundation's 2024 employer contribution ran above 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 · 20241
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$13,708

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$14,383 · 0.07%
2023$10,099 · 0.06%
2022$7,200 · 0.04%
Similar plansHealth Care & Social Assistance · New York
Ambulnz Holdings, LLC NY$23.8M · 0.51%
Project Renewal, Inc. NY$23.7M · 0.78%
Promesa, Inc. NY$23.6M · 0.22%
Trillium Health, Inc. NY$23.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521752653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.