Plan Ledger DOL Form 5500 · updated monthly

Fort Hudson Nursing Center, Inc.401(k)

FORT HUDSON NURSING CENTER, INC. PS 401(K) PLAN · FORT EDWARD, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Fort Hudson Nursing Center, Inc. reported $1,930 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,349 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 0.018% to 0.023%. 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 (3,777th of 5,648), and 6,087th of 11,911 in health care & social assistance. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,912,572
Participants with balances138
Active participants149
Employer contributions$200,928
Employee contributions$370,000
Employer contribution per active participant$1,349
Average account balance$64,584
Benefits paid to participants$689,956
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 138 accts · $201K emplr
2023$7.8M · 147 accts · $203K emplr
2022$6.4M · 146 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,930
Total administrative$1,930
The Fort Hudson Nursing Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,349
Median for plans this size$1,313
2024$1,349 per active participant
2023$1,419 per active participant
2022$1,173 per active participant

Fort Hudson Nursing Center, 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 · 20241

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

Recordkeeper by year2
2024GLENS FALLS NATIONAL BANK
2023GLENS FALLS NATIONAL BANK

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

Administrative cost history3
2024$1,930 · 0.02%
2023$3,670 · 0.05%
2022$1,250 · 0.02%
All plans at this employer2
FORT HUDSON NURSING CENTER, INC. 403(B) PLAN401(k)
FORT HUDSON NURSING CENTER, INC. PS 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · New York
Fgs, Inc. NY$9.0M · 0.45%
Gateway-Longview, Inc. NY$8.8M · 0.93%
Seafield Center, Inc. NY$8.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200481583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.