Plan Ledger DOL Form 5500 · updated monthly

Cgsr, Inc. dba Meadowbrook Healthcare401(k)

MEADOWBROOK NURSING HOME 401(K) PLAN · PLATTSBURGH, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Cgsr, Inc. dba Meadowbrook Healthcare reported $41,476 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $418 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 0.26% to 0.28%. 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 (3,014th of 5,648), and the 4,586th of 11,911 in health care & social assistance. In 2024, employees put in $7.89 for every $1.00 the employer contributed; active participation has shrunk from 201 to 162 since 2022.

Plan summary
Net assets, end of year$14,569,391
Participants with balances284
Active participants162
Employer contributions$67,762
Employee contributions$534,484
Employer contribution per active participant$418
Average account balance$51,301
Benefits paid to participants$2,486,764
Plan auditUnmodified (clean) audit opinion
AuditorHMM & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 284 accts · $68K emplr
2023$14.6M · 282 accts · $102K emplr
2022$12.8M · 295 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,000
Investment management$40,226
Total administrative$41,476
The Cgsr, Inc. dba Meadowbrook Healthcare 401(k) match · 2024
Employer contribution per active participant$418
Median for plans this size$2,416
2024$418 per active participant
2023$562 per active participant
2022$585 per active participant

Cgsr, Inc. dba Meadowbrook Healthcare'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 · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$3,668
NATIONAL PENSION · Other servicesindirect comp
RAYMOND JAMESindirect comp

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$41,476 · 0.28%
2023$38,946 · 0.28%
2022$37,089 · 0.26%
Similar plansHealth Care & Social Assistance · New York
Nyu Langone Mso, Inc. NY$14.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061363442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.