Plan Ledger DOL Form 5500 · updated monthly

Highview Healthcare Partners, LLC401(k)

HIGHVIEW HEALTHCARE PARTNERS 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Highview Healthcare Partners, LLC reported $17,578 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $563 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 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,266th of 5,648), and 1,323rd of 2,534 in administrative & support services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 719 to 863 since 2022.

Plan summary
Net assets, end of year$6,110,325
Participants with balances265
Active participants863
Employer contributions$485,488
Employee contributions$1,015,683
Employer contribution per active participant$563
Average account balance$23,058
Benefits paid to participants$579,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 265 accts · $485K emplr
2023$4.4M · 208 accts · $565K emplr
2022$2.5M · 130 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,560
Investment management$5,232
Total administrative$17,578
The Highview Healthcare Partners, LLC 401(k) match · 2024
Employer contribution per active participant$563
Median for plans this size$1,313
2024$563 per active participant
2023$660 per active participant
2022$544 per active participant

Highview Healthcare Partners, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
VOYA RETIREMENT INS & ANNUITY CO · Recordkeeping · Loan processing$10,843
ACTUARIAL CONSULTING SERVICES INC. · Other services$6,685
RAYMOND JAMES AND ASSOCIATES INC. · Investment advisory (participants) · Investment advisory (plan)$1,772

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$17,578 · 0.33%
2023$8,261 · 0.24%
2022$5,329 · 0.26%
Similar plansAdministrative & Support Services · New York
Forster & Garbus LLP NY$6.3M · 0.20%
Nomad Nurses, Inc. NY$6.3M · 1.86%
Triangle Services, Inc NY$6.1M · 0.96%
Sword Health, Inc. NY$5.8M · 0.74%
Consilium Company, LLC NY$5.7M · 0.07%
Li-Cycle Inc NY$5.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204798712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.