Plan Ledger DOL Form 5500 · updated monthly

Oyster Bay Senior Residence In401(k)

OYSTER BAY SENIOR RESIDENCE IN 401(K) PROFIT SHARING PLAN & TRUST · OYSTER BAY, NY · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

Oyster Bay Senior Residence In reported $24,853 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $730 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,155th of 5,648), and 10,927th of 11,654 in professional & technical services. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,893,774
Participants with balances47
Active participants108
Employer contributions$78,822
Employee contributions$163,601
Employer contribution per active participant$730
Average account balance$40,293
Benefits paid to participants$659,656
Plan auditUnmodified (clean) audit opinion
AuditorPASCALE, RAZZINO, ALEXANDERSON & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,117
Investment management$11,736
Total administrative$24,853
The Oyster Bay Senior Residence In 401(k) match · 2022
Employer contribution per active participant$730
Median for plans this size$1,114

Oyster Bay Senior Residence In's 2022 employer contribution ran below the $1,114 median for plans its size. 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.

Administrative cost history1
2022$24,853 · 1.04%
Similar plansProfessional & Technical Services · New York
Emerging 1, Inc NY$2.1M · 0.66%
Namely, Inc. NY$1.9M · 0.00%
Mealogic, Inc. NY$1.9M · 1.07%
Coachhub Inc. NY$1.9M · 0.86%
Flywheel Partners LLC NY$1.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113304350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.