Plan Ledger DOL Form 5500 · updated monthly

Chdfs Inc.403(b)

CHDFS INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Chdfs Inc. reported $2,906 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $830 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 fell from 0.28% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,294th of 5,648), and 10,727th of 11,911 in health care & social assistance. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 45 to 58 since 2022.

Plan summary
Net assets, end of year$1,207,139
Participants with balances132
Active participants58
Employer contributions$48,124
Employee contributions$72,300
Employer contribution per active participant$830
Average account balance$9,145
Benefits paid to participants$13,087
Plan auditUnmodified (clean) audit opinion
AuditorBERARD & ASSOCIATES CPAS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 132 accts · $48K emplr
2023$983K · 124 accts · $49K emplr
2022$851K · 116 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,906
Total administrative$2,906
Employer contributions to the Chdfs Inc. plan · 2024
Employer contribution per active participant$830
Median for plans this size$1,313
2024$830 per active participant
2023$883 per active participant
2022$1,075 per active participant

Chdfs Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
METLIFE LIFE INSURANCE COMPANY$2,906

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$2,906 · 0.27%
2023$2,634 · 0.29%
2022$2,580 · 0.28%
Similar plansHealth Care & Social Assistance · New York
Join Parachute, LLC NY$1.2M · 0.29%
Big Heart Home Care NY$1.2M · 12.52%
Acacia Network Inc. NY$1.1M · 3.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460506221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.