Plan Ledger DOL Form 5500 · updated monthly

New York Foundation for Senior C401(k)

NEW YORK FOUNDATION FOR SENIOR CITIZENS 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

New York Foundation for Senior C reported $18,443 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $369 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 rose from 0.20% to 0.32%. 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 (4,241st of 5,648), and 7,251st of 11,911 in health care & social assistance. In 2024, employees put in $12.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,205,877
Participants with balances126
Active participants121
Employer contributions$44,656
Employee contributions$553,969
Employer contribution per active participant$369
Average account balance$49,253
Benefits paid to participants$426,045
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 126 accts · $45K emplr
2023$5.3M · 134 accts · $45K emplr
2022$4.1M · 128 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,891
Total administrative$18,443
The New York Foundation for Senior C 401(k) match · 2024
Employer contribution per active participant$369
Median for plans this size$1,313
2024$369 per active participant
2023$352 per active participant
2022$314 per active participant

New York Foundation for Senior C's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$13,551
ADP, INC. · Loan processing · Recordkeeping$4,891

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, UBS

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

Administrative cost history3
2024$18,443 · 0.32%
2023$11,053 · 0.23%
2022$8,703 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cdx Diagnostics Inc. NY$6.2M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132618568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.