Plan Ledger DOL Form 5500 · updated monthly

Cooperative Home Care Associates401(k)

COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Cooperative Home Care Associates reported $160,479 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.08% to 1.01%. 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 2,793rd-largest of 5,648 plans among New York employers on file, and the 4,192nd of 11,911 in health care & social assistance. In 2024, employees put in $5055.12 for every $1.00 the employer contributed; active participation has shrunk from 1,683 to 1,323 since 2022.

Plan summary
Net assets, end of year$16,570,286
Participants with balances2,182
Active participants1,323
Employer contributions$303
Employee contributions$1,531,702
Employer contribution per active participant$0
Average account balance$7,594
Benefits paid to participants$1,509,294
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 2,182 accts · $303 emplr
2023$15.1M · 2,238 accts · $950 emplr
2022$13.4M · 2,205 accts · $9K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,499
Investment management$19,980
Total administrative$160,479
The Cooperative Home Care Associates 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2024$0 per active participant
2023$1 per active participant
2022$6 per active participant

Cooperative Home Care Associates's 2024 employer contribution ran below the $2,416 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
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$140,499
MILLENIUM INVESTMENT & RETIREMENT · Investment advisory (plan)$19,981
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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Administrative cost history3
2024$160,479 · 1.01%
2023$174,291 · 1.22%
2022$155,853 · 1.08%
Same employer
Similar plansHealth Care & Social Assistance · New York
Process Insights, Inc. NY$17.0M · 0.01%
Eac, Inc NY$16.8M · 0.14%
Advanced Dermatology, P.C. NY$16.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133238142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.