Plan Ledger DOL Form 5500 · updated monthly

New York Home Health Holdings401(k)

NEW YORK HOME HEALTH HOLDINGS 401(K) PROFIT SHARING PLAN · RIDGEFIELD PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

New York Home Health Holdings reported $6,695 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $36 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 5 years on file its reported administrative ratio fell from 0.57% to 0.21%. 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 Jersey (1,991st of 2,419), and 8,735th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 740 to 12,617 since 2019.

Plan summary
Net assets, end of year$3,735,448
Participants with balances6,129
Active participants12,617
Employer contributions$451,139
Employee contributions$905,090
Employer contribution per active participant$36
Average account balance$609
Benefits paid to participants$770,543
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$3.7M · 6,129 accts · $451K emplr
2023$2.6M · 897 accts · $322K emplr
2022$985K · 1,545 accts · $142K emplr
2019$343K · 26 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,695
Total administrative$6,695
The New York Home Health Holdings 401(k) match · 2024
Employer contribution per active participant$36
Median for plans this size$1,313
2024$36 per active participant
2023$34 per active participant
2022$19 per active participant
2019$44 per active participant

New York Home Health Holdings'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.

Administrative cost history4
2024$6,695 · 0.21%
2023$9,491 · 0.54%
2022$3,960 · 0.46%
2019$1,949 · 0.57%
Similar plansHealth Care & Social Assistance · New Jersey
New Jersey Urology, LLC NJ$3.8M · 0.43%
The Arc of Camden County NJ$3.7M · 0.58%
Eva's Village, Inc. NJ$3.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474810121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.