Plan Ledger DOL Form 5500 · updated monthly

Citizen Advocates, Inc.401(k)

CITIZEN ADVOCATES, INC. 401(K) PLAN · MALONE, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Citizen Advocates, Inc. reported $3,661 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,510 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 0.02% to 0.01%. 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 1,851st-largest of 5,648 plans among New York employers on file, and the 2,591st of 11,911 in health care & social assistance. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 721 to 633 since 2022.

Plan summary
Net assets, end of year$32,694,378
Participants with balances512
Active participants633
Employer contributions$955,915
Employee contributions$1,277,053
Employer contribution per active participant$1,510
Average account balance$63,856
Benefits paid to participants$2,232,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 512 accts · $956K emplr
2023$28.9M · 541 accts · $944K emplr
2022$24.5M · 547 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,611
Total administrative$3,661
The Citizen Advocates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,510
Median for plans this size$2,416
2024$1,510 per active participant
2023$1,418 per active participant
2022$1,316 per active participant

Citizen Advocates, Inc.'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 · 20241
BPAS · Other servicesindirect comp

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$3,661 · 0.01%
2023$5,700 · 0.02%
2022$5,650 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · New York
Olean Medical Practice PLLC NY$33.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141577715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.