Plan Ledger DOL Form 5500 · updated monthly

Gateway-Longview, Inc.403(b)

GATEWAY-LONGVIEW, INC. EMPLOYEE SAVINGS PLAN · WILLIAMSVILLE, NY · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Gateway-Longview, Inc. reported $76,301 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $967 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 1 year on file its reported administrative ratio rose from 0.83% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,789th of 5,648), and 6,128th of 11,911 in health care & social assistance. In 2023, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,793,408
Participants with balances446
Active participants363
Employer contributions$351,126
Employee contributions$803,785
Employer contribution per active participant$967
Average account balance$19,716
Benefits paid to participants$1,277,865
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.8M · 446 accts · $351K emplr
2022$7.6M · 430 accts · $364K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$76,301
Total administrative$76,301
Employer contributions to the Gateway-Longview, Inc. plan · 2023
Employer contribution per active participant$967
Median for plans this size$1,308
2023$967 per active participant
2022$975 per active participant

Gateway-Longview, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$69,793
HARPER DANESH LLC · Contract administrator$6,502
WILMINGTON TRUST, NATIONIAL ASSOCIA · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history2
2023$76,301 · 0.93%
2022$66,866 · 0.83%
Same employer
Similar plansHealth Care & Social Assistance · New York
Seafield Center, Inc. NY$8.8M · 0.04%
Forrest Solutions Inc NY$8.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.