Plan Ledger DOL Form 5500 · updated monthly

Center for New Horizons, Inc. dba Center for Head Injury403(b)

403(B) THRIFT PLAN FOR CENTER FOR NEW HORIZONS, INC. DBA HEAD INJURY ASSOCIATION · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Center for New Horizons, Inc. dba Center for Head Injury reported $44,283 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $607 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 0.52% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,945th of 5,648), and 6,545th of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,787,213
Participants with balances195
Active participants414
Employer contributions$251,114
Employee contributions$508,927
Employer contribution per active participant$607
Average account balance$39,934
Benefits paid to participants$734,790
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 195 accts · $251K emplr
2023$7.0M · 191 accts · $221K emplr
2022$6.5M · 197 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,137
Investment management$22,146
Total administrative$44,283
Employer contributions to the Center for New Horizons, Inc. dba Center for Head Injury plan · 2024
Employer contribution per active participant$607
Median for plans this size$1,313
2024$607 per active participant
2023$538 per active participant
2022$513 per active participant

Center for New Horizons, Inc. dba Center for Head Injury's 2024 employer contribution ran below the $1,313 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
MORGAN STANLEY · Investment advisory (plan)$10,061
FOCUSED WEALTH MANAGEMENT · Investment advisory (plan)$8,757
EMPOWER ADVISORY GROUP, LLC · Investment management$3,328

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$44,283 · 0.60%
2023$38,795 · 0.57%
2022$36,355 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · New York
Venture Together, Inc. NY$7.8M · 0.69%
Yorkmg, LLC NY$7.7M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112946185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.