Plan Ledger DOL Form 5500 · updated monthly

Lerfuah Medical and Rehabilitation Center Inc. dba Ezra Medical Center403(b)

EZRA MEDICAL CENTER 403(B) RETIREMENT PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Lerfuah Medical and Rehabilitation Center Inc. dba Ezra Medical Center reported $39,082 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $940 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 1.08% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,431st of 5,648), and 7,780th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 221 to 247 since 2022.

Plan summary
Net assets, end of year$5,226,541
Participants with balances175
Active participants247
Employer contributions$232,156
Employee contributions$816,025
Employer contribution per active participant$940
Average account balance$29,866
Benefits paid to participants$225,157
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 175 accts · $232K emplr
2023$3.8M · 142 accts · $218K emplr
2022$2.3M · 121 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,082
Total administrative$39,082
Employer contributions to the Lerfuah Medical and Rehabilitation Center Inc. dba Ezra Medical Center plan · 2024
Employer contribution per active participant$940
Median for plans this size$1,313
2024$940 per active participant
2023$857 per active participant
2022$878 per active participant

Lerfuah Medical and Rehabilitation Center Inc. dba Ezra Medical Center's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,481
PARK AVENUE SECURITIES · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$39,082 · 0.87%
2023$33,217 · 1.09%
2022$22,546 · 1.08%
All plans at this employer2
EZRA MEDICAL CENTER RETIREMENT PLANProfit-sharing plan
EZRA MEDICAL CENTER 403(B) RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
Greystone Programs, Inc. NY$5.3M · 1.10%
Tioga Opportunities, Inc. NY$5.2M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113535388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.