Plan Ledger DOL Form 5500 · updated monthly

Miriam Osborn Memorial Home Association403(b)

THE OSBORN 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN · RYE, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Miriam Osborn Memorial Home Association reported $84,942 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,000 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 0.25% to 0.23%. 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 1,631st-largest of 5,648 plans among New York employers on file, and the 2,288th of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,844,020
Participants with balances1,101
Active participants749
Employer contributions$1,497,900
Employee contributions$2,352,002
Employer contribution per active participant$2,000
Average account balance$35,281
Benefits paid to participants$5,607,189
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 1,101 accts · $1.5M emplr
2023$36.5M · 1,163 accts · $1.4M emplr
2022$29.4M · 1,174 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,942
Total administrative$84,942
Employer contributions to the Miriam Osborn Memorial Home Association plan · 2024
Employer contribution per active participant$2,000
Median for plans this size$2,416
2024$2,000 per active participant
2023$1,774 per active participant
2022$1,614 per active participant

Miriam Osborn Memorial Home Association's 2024 employer contribution ran below the $2,416 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 · 20241
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$99,128

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$84,942 · 0.23%
2023$82,998 · 0.25%
2022$76,961 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · New York
The Animal Medical Center NY$41.0M · 0.01%
Liveonny NY$40.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.