Hoosick Central LLC401(k)
HOOSICK CENTRAL LLC 401(K) PROFIT SHARING PLAN & TRUST · SLINGERLANDS, NY · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Hoosick Central LLC reported $1,902 in plan administrative expenses for 2022: 0.70% of average plan assets, below the peer median. Employer contributions averaged $83 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 3 years on file its reported administrative ratio rose from 0.22% to 0.70%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,524th of 5,648), and 3,237th of 3,341 in other services. In 2022, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 106 to 144 since 2019.
Hoosick Central LLC's 2022 employer contribution ran below the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 203103775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.