Plan Ledger DOL Form 5500 · updated monthly

Hebrew Home at Riverdale403(b)

RETIREMENT AND SAVINGS PLAN · RIVERDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Hebrew Home at Riverdale reported $341,551 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,736 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 0.26% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 768th-largest of 5,648 plans among New York employers on file, and the 1,064th of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has shrunk from 1,598 to 1,386 since 2022.

Plan summary
Net assets, end of year$104,531,337
Participants with balances1,545
Active participants1,386
Employer contributions$3,792,662
Employee contributions$6,445,709
Employer contribution per active participant$2,736
Average account balance$67,658
Benefits paid to participants$9,239,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.5M · 1,545 accts · $3.8M emplr
2023$91.3M · 1,450 accts · $3.4M emplr
2022$75.7M · 1,411 accts · $994K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$340,890
Investment management$661
Total administrative$341,551
Employer contributions to the Hebrew Home at Riverdale plan · 2024
Employer contribution per active participant$2,736
Median for plans this size$3,635
2024$2,736 per active participant
2023$2,090 per active participant
2022$622 per active participant

Hebrew Home at Riverdale's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$340,890
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)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 history3
2024$341,551 · 0.35%
2023$228,708 · 0.27%
2022$207,172 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · New York
Hillside Children's Center NY$105.5M · 0.26%
St. Elizabeth Medical Center NY$101.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131739971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.