Plan Ledger DOL Form 5500 · updated monthly

New View Alliance403(b)

NEW VIEW ALLIANCE SAVINGS PLAN · WILLIAMSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

New View Alliance reported $23,227 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,245 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.

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 (3,502nd of 5,648), and the 5,482nd of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,784,222
Participants with balances407
Active participants337
Employer contributions$419,397
Employee contributions$878,337
Employer contribution per active participant$1,245
Average account balance$26,497
Benefits paid to participants$1,009,162
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,227
Total administrative$23,227
Employer contributions to the New View Alliance plan · 2024
Employer contribution per active participant$1,245
Median for plans this size$1,313

New View Alliance'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.

Service providers · 20243
LINCOLN RETIREMENT SERVICES COMPANY · Custodial$11,326
MERRILL LYNCH · Investment advisory (plan)$6,066
M2B RETIREMENT CONSULTING, LLC · Contract administrator$5,836

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

Administrative cost history1
2024$23,227 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · New York
Rochester Friendly Home NY$11.0M · 0.65%
Syracuse Home Association NY$10.9M · 0.68%
Project Hospitality, Inc. NY$10.7M · 0.07%
Westhab, Inc. NY$10.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371895181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.