Plan Ledger DOL Form 5500 · updated monthly

Heritage Christian Services, Inc.Profit-sharing plan

HERITAGE CHRISTIAN SERVICES, INC. RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Heritage Christian Services, Inc. reported $205,210 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,170 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 0.49% to 0.59%. 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 the 1,703rd-largest of 5,648 plans among New York employers on file, and the 2,373rd of 11,911 in health care & social assistance. active participation has shrunk from 2,841 to 2,505 since 2022.

Plan summary
Net assets, end of year$37,032,553
Participants with balances1,376
Active participants2,505
Employer contributions$2,929,921
Employee contributions—
Employer contribution per active participant$1,170
Average account balance$26,913
Benefits paid to participants$2,764,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 1,376 accts · $2.9M emplr
2023$32.7M · 1,431 accts · $2.5M emplr
2022$28.4M · 1,433 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,210
Total administrative$205,210
Employer contributions to the Heritage Christian Services, Inc. plan · 2024
Employer contribution per active participant$1,170
Median for plans this size$2,416
2024$1,170 per active participant
2023$882 per active participant

Heritage Christian Services, 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping · Trustee (directed)$29,078
BURKE GROUP · Trustee$176,132

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$205,210 · 0.59%
2023$181,373 · 0.59%
2022$150,172 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · New York
Henry Street Settlement NY$36.2M · 0.18%
St. Anns Home for the Aged NY$36.0M · 0.39%
Cny Family Care, LLP NY$35.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222334190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.