Plan Ledger DOL Form 5500 · updated monthly

Centercare Cdpas, LLC401(k)

CENTERCARE CDPAS RETIREMENT SAVINGS PLAN · FLUSHING, NY · plan year 2024

Reported admin expense ratio · 2024
7.40%

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

Centercare Cdpas, LLC reported $37,966 in plan administrative expenses for 2024: 7.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $13 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 8.75% to 7.40%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,414th of 5,648), and 11,207th of 11,911 in health care & social assistance. In 2024, employees put in $112.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$658,710
Participants with balances384
Active participants257
Employer contributions$3,369
Employee contributions$380,540
Employer contribution per active participant$13
Average account balance$1,715
Benefits paid to participants$120,009
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$659K · 384 accts · $3K emplr
2023$367K · 320 accts · $9K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,216
Investment management$9,750
Total administrative$37,966
The Centercare Cdpas, LLC 401(k) match · 2024
Employer contribution per active participant$13
Median for plans this size$540
2024$13 per active participant
2023$20 per active participant

Centercare Cdpas, LLC's 2024 employer contribution ran below the $540 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 · 20242
ADP, INC. · Recordkeeping$28,215
COOPER SAVAS LLC · Recordkeeping · Pension consulting$9,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, COOPER SAVAS LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Centercare Cdpas, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$37,966 · 7.40%
2023$18,472 · 8.75%
Similar plansHealth Care & Social Assistance · New York
Helping U Homecare, Inc. NY$648K · 17.15%
Angel Care, Inc. NY$630K · 4.74%
Advanced Home Care, LLC NY$619K · 15.46%
Manhattan Home Care, LTD NY$615K · 5.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820715821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.