Plan Ledger DOL Form 5500 · updated monthly

Medisca Inc.401(k)

MEDISCA 401(K) RETIREMENT SAVINGS PLAN · PLATTSBURGH, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Medisca Inc. reported $2,350 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,281 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 0.056% to 0.063%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,646th of 5,648), and 11,657th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 103 to 141 since 2022.

Plan summary
Net assets, end of year$4,163,278
Participants with balances156
Active participants141
Employer contributions$180,656
Employee contributions$431,866
Employer contribution per active participant$1,281
Average account balance$26,688
Benefits paid to participants$205,473
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY, MCCOY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 156 accts · $181K emplr
2023$3.3M · 129 accts · $143K emplr
2022$2.6M · 118 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,350
Total administrative$2,350
The Medisca Inc. 401(k) match · 2024
Employer contribution per active participant$1,281
Median for plans this size$1,313
2024$1,281 per active participant
2023$1,245 per active participant
2022$1,088 per active participant

Medisca Inc.'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.

Administrative cost history3
2024$2,350 · 0.06%
2023$2,565 · 0.09%
2022$1,530 · 0.06%
Same employer
Similar plansManufacturing · New York
Natures Value Inc. NY$4.0M · 0.69%
Morcon, Inc NY$3.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141752583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.