Plan Ledger DOL Form 5500 · updated monthly

Parker Jewish Institute for Health Care and Rehabilitation401(k)

PARKER JEWISH INSTITUTE RETIREMENT SAVINGS PLAN · NEW HYDE PARK, NY · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Parker Jewish Institute for Health Care and Rehabilitation reported $176,726 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $337 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 3 years on file its reported administrative ratio has held roughly steady near 0.515%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,737th-largest of 5,648 plans among New York employers on file, and the 2,415th of 11,911 in health care & social assistance. In 2023, employees put in $5.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,005,268
Participants with balances514
Active participants895
Employer contributions$301,303
Employee contributions$1,746,157
Employer contribution per active participant$337
Average account balance$70,049
Benefits paid to participants$4,132,522
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 422 accts · $275K emplr
2023$36.0M · 514 accts · $301K emplr
2022$33.5M · 489 accts · $470K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$173,511
Investment management$1,916
Total administrative$176,726
The Parker Jewish Institute for Health Care and Rehabilitation 401(k) match · 2023
Employer contribution per active participant$337
Median for plans this size$2,440
2024$302 per active participant
2023$337 per active participant
2022$520 per active participant

Parker Jewish Institute for Health Care and Rehabilitation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$1,916
WELLS FARGO ADVISORS INS AGENCY INCindirect 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$183,546 · 0.51%
2023$176,726 · 0.51%
2022$189,793 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · New York
Henry Street Settlement NY$36.2M · 0.18%
St. Anns Home for the Aged NY$36.0M · 0.39%
Cny Family Care, LLP NY$35.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132631069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.