Plan Ledger DOL Form 5500 · updated monthly

Cassena Care, LLC401(k)

CROSSWAY 401(K) PLAN · WOODBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Cassena Care, LLC reported $530,380 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $497 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 0.47% to 0.57%. 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 814th-largest of 5,648 plans among New York employers on file, and the 1,121st of 11,911 in health care & social assistance. In 2024, employees put in $4.48 for every $1.00 the employer contributed; active participation has grown from 2,081 to 2,868 since 2022.

Plan summary
Net assets, end of year$97,440,640
Participants with balances1,782
Active participants2,868
Employer contributions$1,425,375
Employee contributions$6,384,081
Employer contribution per active participant$497
Average account balance$54,680
Benefits paid to participants$7,760,622
Plan auditUnmodified (clean) audit opinion
AuditorHMM & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$97.4M · 1,782 accts · $1.4M emplr
2023$87.2M · 1,854 accts · $2.6M emplr
2022$73.4M · 2,043 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$530,380
Total administrative$530,380
The Cassena Care, LLC 401(k) match · 2024
Employer contribution per active participant$497
Median for plans this size$3,635
2024$497 per active participant
2023$1,290 per active participant
2022$1,148 per active participant

Cassena Care, LLC'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 · 20245
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$364,883
ASSOCIATED PENSION CONSULTANTS INC · Plan administrator$113,246
HMM, CPAS LLP · Accounting / audit$18,000
CASSENA CARE LLC · Plan administrator$13,000
FLAGSTAR ADVISORS - NEW YORK · Investment advisory (participants) · 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.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$530,380 · 0.57%
2023$315,037 · 0.39%
2022$373,663 · 0.47%
Similar plansHealth Care & Social Assistance · New York
Nyack Hospital NY$98.0M · 0.22%
The Rogosin Institute, Inc. NY$89.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273296874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.