Plan Ledger DOL Form 5500 · updated monthly

New York City Chapter of NysarcProfit-sharing plan

PENSION PLAN FOR DIRECT LABOR EMPLOYEES · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

New York City Chapter of Nysarc reported $78,624 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,285 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 0.46% to 0.16%. 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 1,364th-largest of 5,648 plans among New York employers on file, and the 1,870th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$50,293,620
Participants with balances560
Active participants519
Employer contributions$3,261,896
Employee contributions$0
Employer contribution per active participant$6,285
Average account balance$89,810
Benefits paid to participants$2,502,357
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.3M · 560 accts · $3.3M emplr
2023$45.1M · 614 accts · $5.4M emplr
2022$36.6M · 623 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,252
Investment management$14,672
Audit (IQPA)$16,500
Total administrative$78,624
Employer contributions to the New York City Chapter of Nysarc plan · 2024
Employer contribution per active participant$6,285
Median for plans this size$2,416
2024$6,285 per active participant
2023$12,450 per active participant
2022$11,840 per active participant

New York City Chapter of Nysarc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$36,284
PKF O'CONNOR DAVIES LLP · Accounting / audit$16,500
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$14,672

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left New York City Chapter of Nysarc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,624 · 0.16%
2023$113,041 · 0.28%
2022$174,387 · 0.46%
All plans at this employer3
THE NEW YORK CITY CHAPTER OF NYSARC, INC. NON-UNION EMPLOYEES TAX-DEFERRED ANNUITY PLAN403(b)
THE COLLECTIVE BARGAINING EMPLOYEES OF THE NEW YORK CITY CHAPTER OF NYSARC TAX-DEFERRED ANNUITY PLAN403(b)
PENSION PLAN FOR DIRECT LABOR EMPLOYEESProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · New York
Dent Neurologic Group NY$52.2M · 0.18%
Cayuga Medical Associates NY$51.0M · 0.31%
Care Design Ny, LLC NY$50.6M · 0.09%
Carthage Area Hospital NY$50.2M · 0.18%
Great Lakes Physician, P.C. NY$47.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135596746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.