Plan Ledger DOL Form 5500 · updated monthly

Economic Opportunity Commission of Nassau County, Inc.403(b)

THE LUENETTA MILLER EOC RETIREMENT BENEFIT PLAN · HEMPSTEAD, 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

Economic Opportunity Commission of Nassau County, Inc. reported $15,676 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $898 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 (4,090th of 5,648), and 2,022nd of 3,341 in other services. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 162 to 235 since 2022.

Plan summary
Net assets, end of year$6,976,715
Participants with balances175
Active participants235
Employer contributions$211,135
Employee contributions$283,853
Employer contribution per active participant$898
Average account balance$39,867
Benefits paid to participants$589,503
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 175 accts · $211K emplr
2023$6.3M · 181 accts · $212K emplr
2022$4.9M · 224 accts · $238K emplr
Employer contributions to the Economic Opportunity Commission of Nassau County, Inc. plan · 2024
Employer contribution per active participant$898
Median for plans this size$1,313
2024$898 per active participant
2023$1,072 per active participant
2022$1,470 per active participant

Economic Opportunity Commission of Nassau County, 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$7,505

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$15,676 · 0.24%
2023$23,957 · 0.43%
2022$9,069 · 0.20%
Similar plansOther Services · New York
Smith Cairns Ford Inc NY$7.2M · 0.02%
Hill West Architects LLP NY$7.2M · 0.11%
605, LLC NY$6.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112195458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.