Plan Ledger DOL Form 5500 · updated monthly

Med Excel USA, Inc.Profit-sharing plan

MED EXCEL USA, INC. 401K PROFIT SHARING PLAN AND TRUST · NEW WINDSOR, NY · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Med Excel USA, Inc. reported $40,897 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,462nd of 5,648), and the 5,397th of 11,911 in health care & social assistance. active participation has shrunk from 395 to 340 since 2022.

Plan summary
Net assets, end of year$11,116,873
Participants with balances128
Active participants340
Employer contributions$0
Employee contributions$573,106
Employer contribution per active participant$0
Average account balance$86,851
Benefits paid to participants$1,402,484
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 96 accts
2023$11.1M · 128 accts
2022$9.7M · 136 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,897
Total administrative$40,897
Employer contributions to the Med Excel USA, Inc. plan · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Med Excel USA, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CADARET GRANTindirect comp
ASCENSUS · Other servicesindirect 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$50,480 · 0.47%
2023$40,897 · 0.39%
2022$50,706 · 0.48%
Similar plansHealth Care & Social Assistance · New York
Vito C. Quatela, M.D., PLLC NY$11.2M · 0.68%
Unlimited Care, Inc. NY$11.2M · 1.75%
Avante Care Management LLC NY$11.0M · 1.39%
Rochester Friendly Home NY$11.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061324681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.