Plan Ledger DOL Form 5500 · updated monthly

Gay Men's Health Crisis Inc401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF GAY MEN'S HEALTH CRISIS INC · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Gay Men's Health Crisis Inc reported $640 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $433 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 0.01% to 0.31%. 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 (4,088th of 5,648), and 6,880th of 11,911 in health care & social assistance. In 2023, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 197 to 235 since 2022.

Plan summary
Net assets, end of year$6,985,782
Participants with balances170
Active participants235
Employer contributions$101,661
Employee contributions$208,003
Employer contribution per active participant$433
Average account balance$41,093
Benefits paid to participants$273,211
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 129 accts · $124K emplr
2023$7.0M · 170 accts · $102K emplr
2022$5.9M · 178 accts · $91K emplr
The Gay Men's Health Crisis Inc 401(k) match · 2023
Employer contribution per active participant$433
Median for plans this size$1,308
2024$799 per active participant
2023$433 per active participant
2022$464 per active participant

Gay Men's Health Crisis Inc's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$570

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$20,585 · 0.31%
2023$640 · 0.01%
2022$740 · 0.01%
Similar plansHealth Care & Social Assistance · New York
Grow Care, Inc NY$7.1M · 0.10%
Acds, Inc. NY$6.9M · 0.14%
Cym Living LLC NY$6.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133130146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.