Plan Ledger DOL Form 5500 · updated monthly

Charles T. Sitrin Health Care Center403(b)

SITRIN 403B PLAN · NEW HARTFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Charles T. Sitrin Health Care Center reported $103,261 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $361 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. 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 (2,933rd of 5,648), and the 4,419th of 11,911 in health care & social assistance. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,319,175
Participants with balances194
Active participants538
Employer contributions$194,160
Employee contributions$562,759
Employer contribution per active participant$361
Average account balance$78,965
Benefits paid to participants$691,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 194 accts · $194K emplr
2023$13.8M · 198 accts · $184K emplr
2022$13.5M · 201 accts · $193K emplr
The Charles T. Sitrin Health Care Center 401(k) match · 2024
Employer contribution per active participant$361
Median for plans this size$2,416
2024$361 per active participant
2023$341 per active participant
2022$366 per active participant

Charles T. Sitrin Health Care Center'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
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$57,832
PARADIGM CONSULTING, INC. · Investment advisory (plan)$34,949
FUST CHARLES CHAMBERS, LLP · Accounting / audit$10,480

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$103,261 · 0.71%
2023$97,153 · 0.71%
2022$101,486 · 0.69%
Same employer
Similar plansHealth Care & Social Assistance · New York
Bilinguals, Inc NY$15.4M · 0.29%
City Harvest Inc. NY$15.3M · 0.55%
Spear Physical Therapy PLLC NY$15.3M · 0.43%
Ncn Management LLC NY$15.2M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223100745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.