Plan Ledger DOL Form 5500 · updated monthly

Dominican Village, Inc.401(k)

DOMINICAN VILLAGE, INC. 401(K) PLAN · AMITYVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Dominican Village, Inc. reported $20,964 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,736 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 3 years on file its reported administrative ratio has held roughly steady near 1.01%. 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 (5,090th of 5,648), and 9,881st of 11,911 in health care & social assistance. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 72 to 84 since 2022.

Plan summary
Net assets, end of year$2,192,416
Participants with balances106
Active participants84
Employer contributions$145,813
Employee contributions$167,006
Employer contribution per active participant$1,736
Average account balance$20,683
Benefits paid to participants$274,062
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 106 accts · $146K emplr
2023$1.9M · 110 accts · $157K emplr
2022$1.7M · 103 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,574
Investment management$9,390
Total administrative$20,964
The Dominican Village, Inc. 401(k) match · 2024
Employer contribution per active participant$1,736
Median for plans this size$1,313
2024$1,736 per active participant
2023$1,535 per active participant
2022$2,324 per active participant

Dominican Village, Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,569
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$9,390

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$20,964 · 1.01%
2023$18,681 · 1.03%
2022$17,423 · 1.03%
Similar plansHealth Care & Social Assistance · New York
Ne 11 Holdings Opco LLC NY$2.3M · 1.08%
Barrier Free Living, Inc. NY$2.2M · 0.58%
Wells Nursing Home NY$2.1M · 0.77%
Shield of David, Inc. NY$2.1M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113037708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.