Plan Ledger DOL Form 5500 · updated monthly

Long Island Center for Independent Living, Inc.403(b)

L. I. CENTER FOR INDEPENDENT LIVING 403(B) PLAN · LEVITTOWN, NY · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Long Island Center for Independent Living, Inc. reported $18,732 in plan administrative expenses for 2022: 0.48% of average plan assets, below the peer median. Employer contributions averaged $277 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,757th of 5,648), and 8,829th of 11,911 in health care & social assistance. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,606,587
Participants with balances79
Active participants395
Employer contributions$109,511
Employee contributions$249,171
Employer contribution per active participant$277
Average account balance$45,653
Benefits paid to participants$312,506
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES
Administrative expenses, itemized · 2022
Investment management$18,732
Total administrative$18,732
Employer contributions to the Long Island Center for Independent Living, Inc. plan · 2022
Employer contribution per active participant$277
Median for plans this size$1,114

Long Island Center for Independent Living, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,732 · 0.48%
Similar plansHealth Care & Social Assistance · New York
Continental Home Care NY$3.6M · 4.16%
Life Bridge Dental, PLLC NY$3.6M · 1.35%
Feist Consulting LLC NY$3.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112621496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.