Plan Ledger DOL Form 5500 · updated monthly

Nurse Pathways Medical Solutions, LLC dba Cornerstone Rehab401(k)

CORNERSTONE REHAB 401(K) PLAN · NEW HYDE PARK, NY · plan year 2024

Reported admin expense ratio · 2024
1.32%

Nurse Pathways Medical Solutions, LLC dba Cornerstone Rehab reported $35,539 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. 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 0.71% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,925th of 5,648), and 1,765th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$2,927,731
Participants with balances202
Active participants480
Employer contributions—
Employee contributions$652,778
Employer contribution per active participant—
Average account balance$14,494
Benefits paid to participants$499,052
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 202 accts
2023$2.5M · 234 accts
2022$1.7M · 209 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,539
Total administrative$35,539
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,538
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$35,539 · 1.32%
2023$29,372 · 1.40%
2022$11,105 · 0.71%
Similar plansAdministrative & Support Services · New York
Indagare Travel, Inc. NY$2.9M · 0.63%
The Bachrach Group, LTD NY$2.7M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822891610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.