Plan Ledger DOL Form 5500 · updated monthly

Champion Care, LLC401(k)

CHAMPION CARE, LLC 401(K) PLAN · ROCKVILLE CENTRE, NY · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Champion Care, LLC reported $11,933 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $54 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 1.33% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,169th of 5,648), and 10,211th of 11,911 in health care & social assistance. In 2023, employees put in $7.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,812,306
Participants with balances90
Active participants882
Employer contributions$47,593
Employee contributions$344,220
Employer contribution per active participant$54
Average account balance$20,137
Benefits paid to participants$519,983
Plan auditUnmodified (clean) audit opinion
AuditorALAN GOODMAN, CPA PC
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 90 accts · $48K emplr
2022$1.5M · 102 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,933
Total administrative$11,933
The Champion Care, LLC 401(k) match · 2023
Employer contribution per active participant$54
Median for plans this size$1,308

Champion Care, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,933
UNITED PLANNERS FINANCIAL SERVICESindirect comp
CAMBRIDGE INVESTMENT RESEARCHindirect comp

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

Administrative cost history2
2023$11,933 · 0.72%
2022$22,329 · 1.33%
Similar plansHealth Care & Social Assistance · New York
Good Care Agency NY$1.9M · 6.68%
Serene Services Inc. NY$1.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814194408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.