Plan Ledger DOL Form 5500 · updated monthly

Goodwill of the Finger Lakes, Inc.403(b)

GOODWILL OF THE FINGER LAKES, INC. 403(B) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Goodwill of the Finger Lakes, Inc. reported $90,667 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $662 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 1.12% to 0.90%. 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 (3,532nd of 5,648), and the 5,532nd of 11,911 in health care & social assistance. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 690 to 771 since 2022.

Plan summary
Net assets, end of year$10,612,879
Participants with balances1,342
Active participants771
Employer contributions$510,437
Employee contributions$639,377
Employer contribution per active participant$662
Average account balance$7,908
Benefits paid to participants$888,653
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$10.6M · 1,342 accts · $510K emplr
2023$9.5M · 1,239 accts · $622K emplr
2022$8.0M · 1,102 accts · $657K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,667
Total administrative$90,667
Employer contributions to the Goodwill of the Finger Lakes, Inc. plan · 2024
Employer contribution per active participant$662
Median for plans this size$2,416
2024$662 per active participant
2023$821 per active participant
2022$952 per active participant

Goodwill of the Finger Lakes, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
RIMKUS MARCIANO & ASSOCIATES, INC · Recordkeeping$6,761
PROACCOUNT · Investment advisory (participants)$10,845
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$7,214
NATIONWIDE$2,407
THE AMERIFLEX GROUP$23,951

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

Recordkeeper by year2
2024RIMKUS MARCIANO & ASSOCIATES, INC
2023RIMKUS MARCIANO & ASSOCIATES, INC

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Administrative cost history4
2025Not separately reported
2024$90,667 · 0.90%
2023$111,116 · 1.27%
2022$97,887 · 1.12%
Similar plansHealth Care & Social Assistance · New York
New View Alliance NY$10.8M · 0.24%
Project Hospitality, Inc. NY$10.7M · 0.07%
Westhab, Inc. NY$10.7M · 0.43%
Cobb B. LLC NY$10.5M · 0.03%
Jones Memorial Hospital NY$10.5M · 0.53%
Hamister Group, LLC NY$10.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274212702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.