Plan Ledger DOL Form 5500 · updated monthly

Monroe Plan for Medical Care, Inc.401(k)

MONROE PLAN FOR MEDICAL CARE, INC. 401(K) RETIREMENT PLAN · PITTSFORD, NY · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Monroe Plan for Medical Care, Inc. reported $18,707 in plan administrative expenses for 2025: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,990 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 fell from 0.12% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,154th-largest of 5,648 plans among New York employers on file, and 2,643rd of 4,798 in finance & insurance. In 2025, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 193 to 151 since 2022.

Plan summary
Net assets, end of year$25,874,704
Participants with balances237
Active participants151
Employer contributions$602,547
Employee contributions$903,955
Employer contribution per active participant$3,990
Average account balance$109,176
Benefits paid to participants$3,738,553
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY CPAS PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$25.9M · 237 accts · $603K emplr
2024$25.2M · 304 accts · $582K emplr
2023$24.1M · 299 accts · $813K emplr
2022$24.2M · 286 accts · $652K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$18,707
Total administrative$18,707
The Monroe Plan for Medical Care, Inc. 401(k) match · 2025
Employer contribution per active participant$3,990
Median for plans this size$2,666
2025$3,990 per active participant
2024$2,925 per active participant
2023$4,086 per active participant
2022$3,377 per active participant

Monroe Plan for Medical Care, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$42,338
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,099

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

Administrative cost history4
2025$18,707 · 0.07%
2024$6,714 · 0.03%
2023$4,276 · 0.02%
2022$33,638 · 0.12%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 160973194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.