Plan Ledger DOL Form 5500 · updated monthly

Hudson Valley Hospice403(b)

SECTION 403(B) RETIREMENT PLAN FOR HUDSON VALLEY HOSPICE · POUGHKEEPSIE, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Hudson Valley Hospice reported $52,781 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,421 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 0.36% to 0.46%. 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 among the smaller plans on file in New York (3,241st of 5,648), and the 4,988th of 11,911 in health care & social assistance. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 320 to 376 since 2022.

Plan summary
Net assets, end of year$12,674,854
Participants with balances426
Active participants376
Employer contributions$534,264
Employee contributions$1,315,849
Employer contribution per active participant$1,421
Average account balance$29,753
Benefits paid to participants$811,515
Plan auditUnmodified (clean) audit opinion
AuditorBERRY,DUNN,MCNEIL & PARKER(NY),LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 426 accts · $534K emplr
2023$10.3M · 392 accts · $449K emplr
2022$7.5M · 348 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,597
Investment management$43,344
Total administrative$52,781
Employer contributions to the Hudson Valley Hospice plan · 2024
Employer contribution per active participant$1,421
Median for plans this size$2,416
2024$1,421 per active participant
2023$1,212 per active participant
2022$1,076 per active participant

Hudson Valley Hospice's 2024 employer contribution ran below the $2,416 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
HEALTHCARE COMMUNITY SECURITIES COR · Recordkeeping · Trustee$29,649
HEALTHCARE COMMUNITY SECURITIES COR$23,132

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

Recordkeeper by year2
2024HEALTHCARE COMMUNITY SECURITIES COR
2023HEALTHCARE COMMUNITY SECURITIES COR

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

Administrative cost history3
2024$52,781 · 0.46%
2023$34,799 · 0.39%
2022$28,498 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · New York
Community Access, Inc. NY$12.7M · 0.30%
Little Falls Hospital NY$12.7M · 0.01%
Yeled Vyalda E.C.C., Inc. NY$12.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141638619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.