Plan Ledger DOL Form 5500 · updated monthly

Hospice and Palliative Care Buffalo, Inc.401(k)

HOSPICE RETIREMENT PLAN · CHEEKTOWAGA, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hospice and Palliative Care Buffalo, Inc. reported $85,917 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,814 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 fell from 0.17% to 0.16%. 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 1,258th-largest of 5,648 plans among New York employers on file, and the 1,696th of 11,911 in health care & social assistance. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$56,503,033
Participants with balances655
Active participants454
Employer contributions$2,639,404
Employee contributions$2,445,429
Employer contribution per active participant$5,814
Average account balance$86,264
Benefits paid to participants$4,672,028
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.5M · 655 accts · $2.6M emplr
2023$49.5M · 640 accts · $2.5M emplr
2022$41.6M · 681 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,129
Total administrative$85,917
The Hospice and Palliative Care Buffalo, Inc. 401(k) match · 2024
Employer contribution per active participant$5,814
Median for plans this size$3,635
2024$5,814 per active participant
2023$5,609 per active participant
2022$5,477 per active participant

Hospice and Palliative Care Buffalo, Inc.'s 2024 employer contribution ran above 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$56,129
TRG ADVISORS, INC · Consulting$30,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$85,917 · 0.16%
2023$91,295 · 0.20%
2022$77,330 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · New York
Young Adult Institute, Inc. NY$57.7M · 0.42%
Alice Hyde Medical Center NY$57.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223141532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.