Plan Ledger DOL Form 5500 · updated monthly

Cayuga Medical Center at Ithaca403(b)

CAYUGA MEDICAL CENTER 403(B) PLAN (DC2) · ITHACA, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cayuga Medical Center at Ithaca reported $86,262 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $560 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 1 year on file its reported administrative ratio fell from 0.24% to 0.14%. 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 681st-largest of 5,648 plans among New York employers on file, and the 927th of 11,911 in health care & social assistance. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$121,483,290
Participants with balances1,899
Active participants1,948
Employer contributions$1,091,190
Employee contributions$2,710,890
Employer contribution per active participant$560
Average account balance$63,972
Benefits paid to participants$4,604,956
Plan auditUnmodified (clean) audit opinion
AuditorSCIARABBA WALKER
Plan history2
Yearassets · accounts · employer contribution
2024$121.5M · 1,899 accts · $1.1M emplr
2023$4.5M · 478 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,426
Investment management$33,836
Total administrative$86,262
Employer contributions to the Cayuga Medical Center at Ithaca plan · 2024
Employer contribution per active participant$560
Median for plans this size$3,635
2024$560 per active participant
2023$1,201 per active participant

Cayuga Medical Center at Ithaca'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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$52,426
SMARTPATH ADVISORS, LLC · Investment advisory (plan)$28,000
HEALTHCARE COMMUNITY SECURITIES COR · Investment advisory (plan)$5,836
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history2
2024$86,262 · 0.14%
2023$7,372 · 0.24%
All plans at this employer2
CAYUGA MEDICAL CENTER RETIREMENT SAVINGS PLAN403(b)
CAYUGA MEDICAL CENTER 403(B) PLAN (DC2)403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
Bronxcare Health System NY$135.7M · 0.22%
Crouse Hospital NY$125.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222325405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.