Plan Ledger DOL Form 5500 · updated monthly

Cds Life Transitions403(b)

CDS LIFE TRANSITIONS 403(B) PLAN · WEBSTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Cds Life Transitions reported $79,256 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $520 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 fell from 0.67% to 0.62%. 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 among the smaller plans on file in New York (3,099th of 5,648), and the 4,722nd of 11,911 in health care & social assistance. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has grown from 689 to 820 since 2022.

Plan summary
Net assets, end of year$13,836,773
Participants with balances406
Active participants820
Employer contributions$426,241
Employee contributions$1,383,418
Employer contribution per active participant$520
Average account balance$34,081
Benefits paid to participants$1,093,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 406 accts · $426K emplr
2023$11.7M · 398 accts · $368K emplr
2022$9.0M · 377 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,617
Trustee / custodial$3,639
Total administrative$79,256
Employer contributions to the Cds Life Transitions plan · 2024
Employer contribution per active participant$520
Median for plans this size$2,416
2024$520 per active participant
2023$477 per active participant
2022$638 per active participant

Cds Life Transitions's 2024 employer contribution ran below the $2,416 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 · 20241
BURKE GROUP · Plan administrator · Loan processing$79,016

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$79,256 · 0.62%
2023$61,389 · 0.59%
2022$64,619 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · New York
Proud Moments Mso LLC NY$13.9M · 3.46%
The Doe Fund, Inc. NY$13.8M · 0.70%
Transitional Services, Inc. NY$13.8M · 0.03%
Understood for All, Inc. NY$13.8M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 475672694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.