Plan Ledger DOL Form 5500 · updated monthly

Finger Lakes Community Health401(k)

FINGER LAKES COMMUNITY HEALTH 401(K) PROFIT SHARING PLAN · PENN YAN, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Finger Lakes Community Health reported $10,051 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,597 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 0.095%. 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 among the smaller plans on file in New York (3,387th of 5,648), and the 5,266th of 11,911 in health care & social assistance. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,577,864
Participants with balances268
Active participants209
Employer contributions$333,843
Employee contributions$733,048
Employer contribution per active participant$1,597
Average account balance$43,201
Benefits paid to participants$698,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 268 accts · $334K emplr
2023$9.7M · 291 accts · $340K emplr
2022$7.6M · 290 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,051
Total administrative$10,051
The Finger Lakes Community Health 401(k) match · 2024
Employer contribution per active participant$1,597
Median for plans this size$2,416
2024$1,597 per active participant
2023$1,636 per active participant
2022$1,455 per active participant

Finger Lakes Community Health'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.

Service providers · 20243
SAGE RUTTY & COMPANYindirect comp
RIMKUS, MARCIANO & ASSOCIATES, INC. · 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$10,051 · 0.09%
2023$6,550 · 0.08%
2022$7,475 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · New York
Island Medical Services NY$11.7M · 0.05%
The Floating Hospital, Inc. NY$11.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161581104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.