Plan Ledger DOL Form 5500 · updated monthly

Community, Work and Independence, Inc.Money purchase plan

COMMUNITY, WORK, AND INDEPENDENCE, INC. RETIREMENT PLAN · GLENS FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Community, Work and Independence, Inc. reported $19,331 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $793 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 0.20% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,880th of 5,648), and 1,835th of 3,341 in other services. active participation has grown from 161 to 188 since 2022.

Plan summary
Net assets, end of year$8,277,528
Participants with balances269
Active participants188
Employer contributions$149,162
Employee contributions—
Employer contribution per active participant$793
Average account balance$30,771
Benefits paid to participants$1,060,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 269 accts · $149K emplr
2023$7.8M · 282 accts · $135K emplr
2022$6.7M · 282 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,443
Trustee / custodial$16,888
Total administrative$19,331
Employer contributions to the Community, Work and Independence, Inc. plan · 2024
Employer contribution per active participant$793
Median for plans this size$1,313
2024$793 per active participant
2023$999 per active participant
2022$859 per active participant

Community, Work and Independence, 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
GLENS FALLS NATIONAL BANK AND TRUST · Recordkeeping · Trustee$17,925

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

Recordkeeper by year2
2024GLENS FALLS NATIONAL BANK AND TRUST
2023GLENS FALLS NATIONAL BANK AND TRUST

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

Administrative cost history3
2024$19,331 · 0.24%
2023$16,273 · 0.22%
2022$15,926 · 0.20%
All plans at this employer2
COMMUNITY, WORK, AND INDEPENDENCE, INC. RETIREMENT PLANMoney purchase plan
COMMUNITY, WORK, AND INDEPENDENCE, INC. 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 141470091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.