Plan Ledger DOL Form 5500 · updated monthly

Emerald Healthcare, LLC401(k)

EMERALD HEALTHCARE, LLC 401(K) PLAN · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
2.12%

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

Emerald Healthcare, LLC reported $55,271 in plan administrative expenses for 2024: 2.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $14 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 4.13% to 2.12%. 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 (4,864th of 5,648), and 9,142nd of 11,911 in health care & social assistance. In 2024, employees put in $6.02 for every $1.00 the employer contributed; active participation has grown from 1,636 to 6,688 since 2022.

Plan summary
Net assets, end of year$3,162,869
Participants with balances173
Active participants6,688
Employer contributions$92,729
Employee contributions$558,634
Employer contribution per active participant$14
Average account balance$18,282
Benefits paid to participants$124,008
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 173 accts · $93K emplr
2023$2.0M · 143 accts · $150K emplr
2022$1.4M · 45 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,271
Total administrative$55,271
The Emerald Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$14
Median for plans this size$1,313
2024$14 per active participant
2023$29 per active participant
2022$64 per active participant

Emerald Healthcare, LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,270
ORENDA RETIREMENT LLC · Other services · Contract administrator$6,005
SIDE BY SIDE FINANCIALS INC. · Contract administratorindirect comp
PARK AVENUE SECURITIES · Other servicesindirect 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$55,271 · 2.12%
2023$52,067 · 3.07%
2022$53,162 · 4.13%
Same employer
Similar plansHealth Care & Social Assistance · New York
Palladia, Inc. NY$3.2M · 0.35%
Independent Living, Inc. NY$3.2M · 0.91%
Sinergia, Inc. NY$3.2M · 2.00%
East Side House NY$3.1M · 0.36%
Post Acute Recovery, Inc NY$3.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300961801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.