Plan Ledger DOL Form 5500 · updated monthly

Jewish Senior Life401(k)

JEWISH SENIOR LIFE 401(K) RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Jewish Senior Life reported $106,533 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $918 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 0.52% to 0.43%. 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 the 2,139th-largest of 5,648 plans among New York employers on file, and the 3,066th of 11,911 in health care & social assistance. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 835 to 1,039 since 2022.

Plan summary
Net assets, end of year$26,171,095
Participants with balances1,114
Active participants1,039
Employer contributions$953,355
Employee contributions$2,493,107
Employer contribution per active participant$918
Average account balance$23,493
Benefits paid to participants$2,707,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 1,114 accts · $953K emplr
2023$22.8M · 1,041 accts · $881K emplr
2022$18.6M · 1,004 accts · $773K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,575
Investment management$2,958
Total administrative$106,533
The Jewish Senior Life 401(k) match · 2024
Employer contribution per active participant$918
Median for plans this size$2,416
2024$918 per active participant
2023$998 per active participant
2022$926 per active participant

Jewish Senior Life's 2024 employer contribution ran below the $2,416 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$103,575

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

Administrative cost history3
2024$106,533 · 0.43%
2023$89,708 · 0.43%
2022$102,546 · 0.52%
Similar plansHealth Care & Social Assistance · New York
Unity House of Troy, Inc. NY$26.7M · 0.32%
Highland Medical PC NY$26.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223409164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.