Plan Ledger DOL Form 5500 · updated monthly

Outreach Development CorporationMoney purchase plan

EMPLOYEE BENEFITS PLAN OF OUTREACH DEVELOPMENT CORPORATION · RICHMOND HILL, NY · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Outreach Development Corporation reported $1,282 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,519 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 0.01% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,252nd of 5,648), and the 5,009th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$12,540,256
Participants with balances270
Active participants174
Employer contributions$786,287
Employee contributions—
Employer contribution per active participant$4,519
Average account balance$46,445
Benefits paid to participants$663,392
Plan auditDisclaimer of opinion
AuditorDESIRE & COMPANY, CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 289 accts · $886K emplr
2023$12.5M · 314 accts · $915K emplr
2022$12.5M · 270 accts · $786K emplr
Employer contributions to the Outreach Development Corporation plan · 2022
Employer contribution per active participant$4,519
Median for plans this size$2,266
2024$5,119 per active participant
2023$4,574 per active participant
2022$4,519 per active participant

Outreach Development Corporation's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$3,440 · 0.03%
2023$19,131 · 0.15%
2022$1,282 · 0.01%
All plans at this employer2
EMPLOYEE BENEFITS PLAN OF OUTREACH DEVELOPMENT CORPORATIONMoney purchase plan
TAX DEFERRED ANNUITY PLAN OF OUTREACH DEVELOPMENT CORPORATION403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
Hudson Valley Hospice NY$12.7M · 0.46%
Yeled Vyalda E.C.C., Inc. NY$12.6M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112518262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.