Plan Ledger DOL Form 5500 · updated monthly

Holy Cross Head Start, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOLY CROSS HEAD START, INC. · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Holy Cross Head Start, Inc. reported $3,039 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,006 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 0.049% to 0.052%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,180th of 5,648), and 2,382nd of 3,091 in educational services. In 2024, the employer put in $3.44 for every $1.00 employees contributed themselves; active participation has grown from 150 to 180 since 2022.

Plan summary
Net assets, end of year$6,445,837
Participants with balances176
Active participants180
Employer contributions$541,133
Employee contributions$157,372
Employer contribution per active participant$3,006
Average account balance$36,624
Benefits paid to participants$215,870
Plan auditUnmodified (clean) audit opinion
AuditorSZYMKOWIAK & ASSOCIATES CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 176 accts · $541K emplr
2023$5.3M · 172 accts · $204K emplr
2022$4.7M · 175 accts · $2K emplr
The Holy Cross Head Start, Inc. 401(k) match · 2024
Employer contribution per active participant$3,006
Median for plans this size$1,313
2024$3,006 per active participant
2023$1,201 per active participant
2022$16 per active participant

Holy Cross Head Start, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,039

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$3,039 · 0.05%
2023$1,440 · 0.03%
2022$2,455 · 0.05%
Similar plansEducational Services · New York
Five Towns College NY$6.4M · 0.38%
Girls Who Code, Inc NY$6.3M · 0.18%
Police Athletic League NY$6.2M · 0.03%
Harlem Rbi NY$6.1M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222659648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.