Plan Ledger DOL Form 5500 · updated monthly

Daughters of Sarah Nursing Center, Inc. D/B/A Daughters of Sarah Senio403(b)

DAUGHTERS OF SARAH NURSING HOME CO., INC. TAX DEFERRED ANNUITY PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Daughters of Sarah Nursing Center, Inc. D/B/A Daughters of Sarah Senio reported $57,655 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,079 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 0.80% to 0.74%. 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 (3,902nd of 5,648), and 6,405th of 11,911 in health care & social assistance. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 258 to 292 since 2022.

Plan summary
Net assets, end of year$8,089,519
Participants with balances274
Active participants292
Employer contributions$315,000
Employee contributions$432,159
Employer contribution per active participant$1,079
Average account balance$29,524
Benefits paid to participants$733,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 274 accts · $315K emplr
2023$7.5M · 276 accts · $273K emplr
2022$6.7M · 286 accts · $277K emplr
Administrative expenses, itemized · 2024
Investment management$57,655
Total administrative$57,655
Employer contributions to the Daughters of Sarah Nursing Center, Inc. D/B/A Daughters of Sarah Senio plan · 2024
Employer contribution per active participant$1,079
Median for plans this size$1,313
2024$1,079 per active participant
2023$1,069 per active participant
2022$1,074 per active participant

Daughters of Sarah Nursing Center, Inc. D/B/A Daughters of Sarah Senio'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,370
CREATIVE PENSION CONSULTANTS, INC. · Pension consulting$8,285
JANNEY MONTGOMERY SCOTT, LLC · Investment advisory (plan)indirect 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$57,655 · 0.74%
2023$63,137 · 0.89%
2022$56,789 · 0.80%
Same employer
Similar plansHealth Care & Social Assistance · New York

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Source: U.S. Department of Labor, Form 5500 series, EIN 237120570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.