Plan Ledger DOL Form 5500 · updated monthly

Middletown Medical, P.C.401(k)

MIDDLETOWN MEDICAL, P.C. 401(K) PROFIT SHARING PLAN · MIDDLETOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.84%

Middletown Medical, P.C. reported $148,674 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. 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 0.94% to 0.84%. 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 the 2,574th-largest of 5,648 plans among New York employers on file, and the 3,776th of 11,911 in health care & social assistance. active participation has grown from 523 to 584 since 2022.

Plan summary
Net assets, end of year$19,407,801
Participants with balances589
Active participants584
Employer contributions—
Employee contributions$2,206,304
Employer contribution per active participant—
Average account balance$32,950
Benefits paid to participants$839,968
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 589 accts
2023$15.8M · 548 accts
2022$11.7M · 487 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,822
Investment management$74,852
Total administrative$148,674
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 · 20242
AXA ADVISORS, LLC · Recordkeeping · Trustee$74,851
ADP, INC. · Loan processing · Recordkeeping$73,822

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, AXA ADVISORS, LLC
2023ADP, AXA ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$148,674 · 0.84%
2023$123,977 · 0.90%
2022$117,529 · 0.94%
Same employer
Similar plansHealth Care & Social Assistance · New York
Pathstone Corporation NY$20.0M · 0.33%
Tribeca Pediatrics PLLC NY$19.5M · 0.48%
Athenex, Inc. NY$19.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061127657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.