Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Family HealthcareDC plan

CORNERSTONE FAMILY HEALTHCARE 403(B) PLAN · CORNWALL, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Cornerstone Family Healthcare reported $54,220 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,362 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 0.12% to 0.28%. 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 2,495th-largest of 5,648 plans among New York employers on file, and the 3,634th of 11,911 in health care & social assistance. In 2024, the employer put in $3.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,495,025
Participants with balances946
Active participants657
Employer contributions$1,551,550
Employee contributions$491,709
Employer contribution per active participant$2,362
Average account balance$21,665
Benefits paid to participants$1,842,944
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 946 accts · $1.6M emplr
2023$18.0M · 993 accts · $422K emplr
2022$15.0M · 1,132 accts
Administrative expenses, itemized · 2024
Investment management$54,220
Total administrative$54,220
Employer contributions to the Cornerstone Family Healthcare plan · 2024
Employer contribution per active participant$2,362
Median for plans this size$2,416
2024$2,362 per active participant
2023$767 per active participant

Cornerstone Family Healthcare's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$54,220 · 0.28%
2023$21,973 · 0.13%
2022$19,677 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · New York
Kbi Services, Inc. NY$20.7M · 0.51%
The Highlands NY$20.5M · 0.10%
Lifeplan Cco Ny, LLC NY$20.4M · 0.25%
University Neurology, Inc. NY$20.4M · 0.09%
Regional Mso LLC NY$20.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061036715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.