Plan Ledger DOL Form 5500 · updated monthly

Centerlight Healthcare, Inc.403(b)

CENTERLIGHT HEALTHCARE, INC.403(B) RETIREMENT PLAN · FLUSHING, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Centerlight Healthcare, Inc. reported $198,976 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,025 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.

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 837th-largest of 5,648 plans among New York employers on file, and the 1,148th of 11,911 in health care & social assistance. In 2024, employees put in $2.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$94,318,694
Participants with balances1,096
Active participants654
Employer contributions$1,324,510
Employee contributions$3,634,797
Employer contribution per active participant$2,025
Average account balance$86,057
Benefits paid to participants$9,526,002
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,978
Investment management$52,500
Audit (IQPA)$24,498
Total administrative$198,976
Employer contributions to the Centerlight Healthcare, Inc. plan · 2024
Employer contribution per active participant$2,025
Median for plans this size$3,635

Centerlight Healthcare, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$120,676
MARSHALL & STERLING WEALTH · Investment advisory (plan)$52,500
PKF O'CONNOR DAVIES, LLP$24,498

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

Administrative cost history1
2024$198,976 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · New York
Nyack Hospital NY$98.0M · 0.22%
Cassena Care, LLC NY$97.4M · 0.57%
The Rogosin Institute, Inc. NY$89.3M · 0.07%
Village Care of New York NY$88.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133600807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.