Plan Ledger DOL Form 5500 · updated monthly

Cobble Hill Health Center, IncProfit-sharing plan

RETIREMENT PLAN FOR EMPLOYEES OF COBBLE HILL NURSING HOME · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Cobble Hill Health Center, Inc reported $3,841 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,045 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 0.02% to 0.04%. 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 among the smaller plans on file in New York (3,430th of 5,648), and the 5,351st of 11,911 in health care & social assistance. active participation has grown from 71 to 81 since 2022.

Plan summary
Net assets, end of year$11,314,712
Participants with balances148
Active participants81
Employer contributions$651,619
Employee contributions—
Employer contribution per active participant$8,045
Average account balance$76,451
Benefits paid to participants$362,222
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 148 accts · $652K emplr
2023$10.1M · 145 accts · $724K emplr
2022$8.8M · 136 accts · $749K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,841
Total administrative$3,841
Employer contributions to the Cobble Hill Health Center, Inc plan · 2024
Employer contribution per active participant$8,045
Median for plans this size$2,416
2024$8,045 per active participant
2023$9,790 per active participant
2022$10,547 per active participant

Cobble Hill Health Center, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants) · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)indirect comp
ASCENSUS · 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$3,841 · 0.04%
2023$2,909 · 0.03%
2022$2,135 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · New York
Schc Companies, Inc. NY$11.4M · 0.50%
Valley Health Services, Inc NY$11.4M · 0.03%
Cancer Care, Inc. NY$11.3M · 0.42%
The Fortune Society NY$11.3M · 0.26%
Vito C. Quatela, M.D., PLLC NY$11.2M · 0.68%
Unlimited Care, Inc. NY$11.2M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112388200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.