Plan Ledger DOL Form 5500 · updated monthly

Frank Scafuri, III, D.O., P.C.401(k)

FRANK SCAFURI, III, D.O., P.C. 401(K) PLAN · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
1.04%

Frank Scafuri, III, D.O., P.C. reported $10,873 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. 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 1.12% to 1.04%. 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 (5,322nd of 5,648), and 10,824th of 11,911 in health care & social assistance. active participation has shrunk from 98 to 62 since 2022.

Plan summary
Net assets, end of year$1,084,432
Participants with balances49
Active participants62
Employer contributions—
Employee contributions$181,980
Employer contribution per active participant—
Average account balance$22,131
Benefits paid to participants$199,786
Plan auditUnmodified (clean) audit opinion
AuditorBARATZ & ASSOCIATES P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 49 accts
2023$1.0M · 105 accts
2022$761K · 115 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,925
Investment management$6,948
Total administrative$10,873
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
ADP, INC. · Loan processing · Recordkeeping$10,872

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$10,873 · 1.04%
2023$13,043 · 1.48%
2022$9,033 · 1.12%
Similar plansHealth Care & Social Assistance · New York
Big Heart Home Care NY$1.2M · 12.52%
Acacia Network Inc. NY$1.1M · 3.53%
Just Care LLC NY$1.1M · 7.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270885070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.