What are the fees in the I & Y Senior Care, Inc. 401(k) plan?

For plan year 2024, I & Y Senior Care, Inc. reported $21,634 in plan administrative expenses, or 5.70% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the I & Y Senior Care, Inc. 401(k)?

The average participant account balance was $377 for plan year 2024, based on 1,006 accounts.

I & Y Senior Care, Inc.401(k)

Name: I & Y Senior Care, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

I & Y SENIOR CARE, INC. 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024

5.70%

I & Y Senior Care, Inc. reported $21,634 in plan administrative expenses for 2024: 5.70% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,488th of 5,648), and 11,494th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$379,303
Participants with balances1,006
Active participants1,749
Employer contributions—
Employee contributions$406,502
Employer contribution per active participant—
Average account balance$377
Benefits paid to participants$10,366
Plan auditUnmodified (clean) audit opinion
AuditorTRAILBREAKER ACCOUNTING

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$21,076

Investment management$558

Total administrative$21,634

What these fees cost you

Your balance

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

ADP, INC. · Recordkeeping$21,075

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

Administrative cost history1

2024$21,634 · 5.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743137216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.