Plan Ledger DOL Form 5500 · updated monthly

Child & Family Services of Erie County403(b)

403(B) THRIFT PLAN FOR CHILD AND FAMILY SERVICES OF ERIE COUNTY · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Child & Family Services of Erie County reported $163,170 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,501 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 0.20% to 0.44%. 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 the 1,596th-largest of 5,648 plans among New York employers on file, and the 2,239th of 11,911 in health care & social assistance. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 721 to 796 since 2022.

Plan summary
Net assets, end of year$40,064,522
Participants with balances1,494
Active participants796
Employer contributions$1,195,182
Employee contributions$2,040,548
Employer contribution per active participant$1,501
Average account balance$26,817
Benefits paid to participants$2,573,543
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 1,494 accts · $1.2M emplr
2023$34.1M · 1,398 accts · $1.1M emplr
2022$27.9M · 1,244 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,170
Total administrative$163,170
Employer contributions to the Child & Family Services of Erie County plan · 2024
Employer contribution per active participant$1,501
Median for plans this size$2,416
2024$1,501 per active participant
2023$1,385 per active participant
2022$1,444 per active participant

Child & Family Services of Erie County's 2024 employer contribution ran below the $2,416 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 · 20243
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeeping$719
VALIC RETIREMENT SERVICES CO. · Custodial (securities) · Investment advisory (participants)$79,336
EQUITABLE FINANCIAL LIFE INSURANCE · Trustee (directed) · Investment management$365

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$163,170 · 0.44%
2023$63,420 · 0.20%
2022$59,464 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · New York
Four Winds, Inc. NY$42.1M · 0.36%
The Animal Medical Center NY$41.0M · 0.01%
Liveonny NY$40.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161004825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.