Plan Ledger DOL Form 5500 · updated monthly

Forestdale, Inc.401(k)

FORESTDALE, INC. CASH OR DEFERRED PLAN & TRUST · FOREST HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Forestdale, Inc. reported $84,590 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,156 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 0.67% to 0.59%. 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 (2,894th of 5,648), and the 4,364th of 11,911 in health care & social assistance. In 2024, the employer put in $1.79 for every $1.00 employees contributed themselves; active participation has grown from 275 to 304 since 2022.

Plan summary
Net assets, end of year$15,648,497
Participants with balances410
Active participants304
Employer contributions$1,263,389
Employee contributions$707,165
Employer contribution per active participant$4,156
Average account balance$38,167
Benefits paid to participants$1,027,894
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 410 accts · $1.3M emplr
2023$13.0M · 428 accts · $1.2M emplr
2022$10.1M · 391 accts · $931K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,372
Investment management$31,218
Total administrative$84,590
The Forestdale, Inc. 401(k) match · 2024
Employer contribution per active participant$4,156
Median for plans this size$2,416
2024$4,156 per active participant
2023$4,146 per active participant
2022$3,387 per active participant

Forestdale, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
USI CONSULTING GROUP$53,372
J.J. BURNS & COMPANY, LLC · Investment advisory (plan)$31,218

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$84,590 · 0.59%
2023$72,779 · 0.63%
2022$73,108 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · New York
Bonadent, LLC NY$15.7M · 0.69%
Community Memorial Hospital NY$15.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111631747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.