Plan Ledger DOL Form 5500 · updated monthly

Children's Home of Jefferson County401(k)

CHILDREN'S HOME OF JEFFERSON COUNTY 401(K) PLAN · WATERTOWN, NY · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Children's Home of Jefferson County reported $38,812 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $786 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 0.76% to 1.35%. 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 (4,889th of 5,648), and 9,232nd of 11,911 in health care & social assistance. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,038,559
Participants with balances154
Active participants152
Employer contributions$119,487
Employee contributions$276,891
Employer contribution per active participant$786
Average account balance$19,731
Benefits paid to participants$402,933
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 154 accts · $119K emplr
2023$2.7M · 173 accts · $1K emplr
2022$2.7M · 195 accts · $179K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,812
Investment management$15,000
Total administrative$38,812
The Children's Home of Jefferson County 401(k) match · 2024
Employer contribution per active participant$786
Median for plans this size$1,313
2024$786 per active participant
2023$11 per active participant
2022$1,279 per active participant

Children's Home of Jefferson County'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 · 20242
BPAS, INC. · Custodial (securities) · Loan processing$23,812
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$15,000

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

Recordkeeper by year2
2024BPAS, INC.
2023BPAS, INC.

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

Administrative cost history3
2024$38,812 · 1.35%
2023$17,984 · 0.67%
2022$20,469 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · New York
Bobby Buka, M.D., P.C. NY$3.1M · 0.63%
Northpointe Council, Inc. NY$3.0M · 0.06%
Wheel Chair Home, Inc. NY$3.0M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150532089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.