Plan Ledger DOL Form 5500 · updated monthly

Mohawk Valley Community Action Agency, Inc.401(k)

MOHAWK VALLEY COMMUNITY ACTION AGENCY, INC. 401(K) PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Mohawk Valley Community Action Agency, Inc. reported $21,610 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,574 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 0.40% to 0.34%. 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 (4,114th of 5,648), and 6,975th of 11,911 in health care & social assistance. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has shrunk from 262 to 217 since 2022.

Plan summary
Net assets, end of year$6,771,124
Participants with balances264
Active participants217
Employer contributions$341,629
Employee contributions$388,018
Employer contribution per active participant$1,574
Average account balance$25,648
Benefits paid to participants$488,469
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 264 accts · $342K emplr
2023$6.0M · 266 accts · $329K emplr
2022$5.1M · 286 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,610
Total administrative$21,610
The Mohawk Valley Community Action Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$1,574
Median for plans this size$1,313
2024$1,574 per active participant
2023$1,458 per active participant
2022$1,139 per active participant

Mohawk Valley Community Action Agency, Inc.'s 2024 employer contribution ran above 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 · 20242
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$14,438
PARADIGM CONSULTING, INC. · Investment advisory (plan)$7,172

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$21,610 · 0.34%
2023$21,832 · 0.39%
2022$20,086 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · New York
Acds, Inc. NY$6.9M · 0.14%
Cym Living LLC NY$6.8M · 0.58%
Tri-County Care, LLC NY$6.8M · 1.30%
Baptist Health System NY$6.7M · 0.44%
Brylin Hospitals, Inc. NY$6.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160918009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.