Plan Ledger DOL Form 5500 · updated monthly

Post Acute Partners, LLC401(k)

POST ACUTE PARTNERS RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Post Acute Partners, LLC reported $115,674 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $213 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 fell from 0.28% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,157th-largest of 5,648 plans among New York employers on file, and the 1,545th of 11,911 in health care & social assistance. In 2024, employees put in $5.37 for every $1.00 the employer contributed; active participation has grown from 4,051 to 4,761 since 2022.

Plan summary
Net assets, end of year$63,075,410
Participants with balances1,487
Active participants4,761
Employer contributions$1,016,319
Employee contributions$5,458,552
Employer contribution per active participant$213
Average account balance$42,418
Benefits paid to participants$10,743,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.1M · 1,487 accts · $1.0M emplr
2023$59.6M · 284 accts · $1.1M emplr
2022$51.6M · 1,471 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,674
Investment management$50,000
Total administrative$115,674
The Post Acute Partners, LLC 401(k) match · 2024
Employer contribution per active participant$213
Median for plans this size$3,635
2024$213 per active participant
2023$247 per active participant
2022$272 per active participant

Post Acute Partners, LLC's 2024 employer contribution ran below the $3,635 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.

Service providers · 20243
MORGAN STANLEY · Investment advisory (plan)$50,000
BONADIO & CO LLP$6,775

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$115,674 · 0.19%
2023$173,903 · 0.31%
2022$151,078 · 0.28%
Similar plansHealth Care & Social Assistance · New York
Public Health Solutions NY$64.2M · 0.16%
Upmc Chautauqua at Wca NY$64.2M · 0.14%
Covenant House NY$63.4M · 0.39%
Excelsior Orthopaedics LLP NY$63.0M · 0.35%
People, Inc. NY$60.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273027795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.