Plan Ledger DOL Form 5500 · updated monthly

Cedar Cares, Inc.401(k)

CEDAR 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

Cedar Cares, Inc. reported $18,359 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,430 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 0.17% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,802nd-largest of 5,648 plans among New York employers on file, and the 3,781st of 11,654 in professional & technical services. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,021,507
Participants with balances540
Active participants387
Employer contributions$1,714,357
Employee contributions$5,314,393
Employer contribution per active participant$4,430
Average account balance$63,003
Benefits paid to participants$2,279,574
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 540 accts · $1.7M emplr
2023$21.9M · 470 accts · $1.8M emplr
2022$13.7M · 524 accts · $958K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,270
Total administrative$18,359
The Cedar Cares, Inc. 401(k) match · 2024
Employer contribution per active participant$4,430
Median for plans this size$2,416
2024$4,430 per active participant
2023$5,462 per active participant
2022$2,366 per active participant

Cedar Cares, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,270

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$18,359 · 0.07%
2023$28,584 · 0.16%
2022$23,521 · 0.17%
Same employer
Similar plansProfessional & Technical Services · New York
Optimax Systems, Inc. NY$34.7M · 0.03%
Robert Derector Pe PC NY$34.4M · 0.06%
Guidepoint Global, LLC NY$33.8M · 0.42%
Efpr Group LLP NY$33.7M · 0.16%
Ahmuty, Demers & McManus NY$33.7M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 812461266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.