Plan Ledger DOL Form 5500 · updated monthly

Claxton-Hepburn Medical Center403(b)

CLAXTON-HEPBURN MEDICAL CENTER 403B RETIREMENT PLAN · OGDENSBURG, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Claxton-Hepburn Medical Center reported $259,653 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,839 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 0.29% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 885th-largest of 5,648 plans among New York employers on file, and the 1,203rd of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$88,012,275
Participants with balances867
Active participants791
Employer contributions$1,454,830
Employee contributions$2,847,633
Employer contribution per active participant$1,839
Average account balance$101,514
Benefits paid to participants$7,974,753
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.0M · 867 accts · $1.5M emplr
2023$81.3M · 753 accts · $1.7M emplr
2022$70.6M · 774 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,748
Investment management$235,905
Total administrative$259,653
Employer contributions to the Claxton-Hepburn Medical Center plan · 2024
Employer contribution per active participant$1,839
Median for plans this size$3,635
2024$1,839 per active participant
2023$2,161 per active participant
2022$2,395 per active participant

Claxton-Hepburn Medical Center's 2024 employer contribution ran below the $3,635 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 · 20244
BENEFIT PLANS ADMINISTRATIVE SVCS. · Recordkeeping · Loan processing$111,552
LINCOLN NATIONAL CORPORATION · Contract administrator · Recordkeeping$480
UNUM LIFE INS. CO. OF AMERICA · Recordkeepingindirect comp
HEALTHCARE COMMUNITY SECURITIES COR · Consulting · Investment advisory (participants)$148,088

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS., Lincoln Financial, UNUM LIFE INS. CO. OF AMERICA
2023BENEFIT PLANS ADMINISTRATIVE SVCS., Lincoln Financial, UNUM LIFE INS. CO. OF AMERICA

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

Administrative cost history3
2024$259,653 · 0.31%
2023$228,323 · 0.30%
2022$223,611 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cassena Care, LLC NY$97.4M · 0.57%
The Rogosin Institute, Inc. NY$89.3M · 0.07%
Village Care of New York NY$88.0M · 0.13%
Centerlight Health System NY$87.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150559686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.