Plan Ledger DOL Form 5500 · updated monthly

Community Health Center of Buffalo, Inc.401(k)

CHCB, INC. RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Community Health Center of Buffalo, Inc. reported $21,147 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,072 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 0.74% to 0.58%. 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 (4,695th of 5,648), and 8,628th of 11,911 in health care & social assistance. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,890,954
Participants with balances79
Active participants144
Employer contributions$154,360
Employee contributions$416,276
Employer contribution per active participant$1,072
Average account balance$49,253
Benefits paid to participants$435,715
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW KERSHNER
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 79 accts · $154K emplr
2023$3.4M · 75 accts · $148K emplr
2022$2.8M · 75 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,147
Total administrative$21,147
The Community Health Center of Buffalo, Inc. 401(k) match · 2024
Employer contribution per active participant$1,072
Median for plans this size$1,313
2024$1,072 per active participant
2023$906 per active participant
2022$931 per active participant

Community Health Center of Buffalo, Inc.'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
DEFINITI-LLC · Recordkeeping$7,928
NORTHWEST BANK · Trustee$13,220

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

Recordkeeper by year2
2024Definiti
2023Definiti

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

Administrative cost history3
2024$21,147 · 0.58%
2023$18,817 · 0.60%
2022$21,528 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · New York
Home/Life Services Inc. NY$4.0M · 1.78%
Equinox, Inc. NY$4.0M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161566929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.