Plan Ledger DOL Form 5500 · updated monthly

Living Resources Corporation403(b)

LIVING RESOURCES 403(B) RETIREMENT PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Living Resources Corporation reported $34,074 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,128 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 0.19% to 0.33%. 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 (3,480th of 5,648), and the 5,429th of 11,911 in health care & social assistance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,994,443
Participants with balances744
Active participants805
Employer contributions$908,074
Employee contributions$593,932
Employer contribution per active participant$1,128
Average account balance$14,777
Benefits paid to participants$1,546,300
Plan auditUnmodified (clean) audit opinion
AuditorCUSACK & COMPANY, CPA'S LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 744 accts · $908K emplr
2023$9.7M · 885 accts · $301K emplr
2022$8.7M · 832 accts · $300K emplr
Administrative expenses, itemized · 2024
Investment management$34,074
Total administrative$34,074
Employer contributions to the Living Resources Corporation plan · 2024
Employer contribution per active participant$1,128
Median for plans this size$2,416
2024$1,128 per active participant
2023$411 per active participant
2022$376 per active participant

Living Resources Corporation'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 · 20244
CAPITAL RESEARCH AND MANAGEMENT CO · Investment management · Recordkeepingindirect comp
CREATIVE PENSION CONSULTANTS, INC. · Contract administrator$25,474
CAPITAL GROUP RETIREMENT PLAN SERVI$8,600
CAPITAL BANK & TRUST · Custodialindirect comp

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$34,074 · 0.33%
2023$12,827 · 0.14%
2022$17,338 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · New York
Unlimited Care, Inc. NY$11.2M · 1.75%
Med Excel USA, Inc. NY$11.1M · 0.39%
Avante Care Management LLC NY$11.0M · 1.39%
Rochester Friendly Home NY$11.0M · 0.65%
Syracuse Home Association NY$10.9M · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141564208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.