Plan Ledger DOL Form 5500 · updated monthly

Lifeplan Cco Ny, LLC401(k)

LIFEPLAN CCO 401(K) RETIREMENT PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Lifeplan Cco Ny, LLC reported $43,862 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,259 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 0.72% to 0.25%. 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 2,505th-largest of 5,648 plans among New York employers on file, and the 3,643rd of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 837 to 991 since 2022.

Plan summary
Net assets, end of year$20,399,545
Participants with balances643
Active participants991
Employer contributions$1,247,514
Employee contributions$2,552,684
Employer contribution per active participant$1,259
Average account balance$31,726
Benefits paid to participants$951,169
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 643 accts · $1.2M emplr
2023$14.2M · 555 accts · $1.0M emplr
2022$9.9M · 497 accts · $827K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,780
Investment management$31,082
Total administrative$43,862
The Lifeplan Cco Ny, LLC 401(k) match · 2024
Employer contribution per active participant$1,259
Median for plans this size$2,416
2024$1,259 per active participant
2023$1,163 per active participant
2022$988 per active participant

Lifeplan Cco Ny, LLC'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
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Participant communication$43,862

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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

Administrative cost history3
2024$43,862 · 0.25%
2023$89,725 · 0.75%
2022$68,412 · 0.72%
Same employer
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The Highlands NY$20.5M · 0.10%
University Neurology, Inc. NY$20.4M · 0.09%
Regional Mso LLC NY$20.3M · 0.12%
St. Johns Health Care Corp. NY$20.2M · 0.65%
Cny Fertility, PLLC NY$20.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823070045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.