Plan Ledger DOL Form 5500 · updated monthly

Queens Community House, Inc.DC plan

403(B) THRIFT PLAN OF QUEENS COMMUNITY HOUSE, INC. · FOREST HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Queens Community House, Inc. reported $5,309 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $372 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 0.04% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,600th of 5,648), and the 5,660th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 106 to 650 since 2022.

Plan summary
Net assets, end of year$10,102,672
Participants with balances358
Active participants650
Employer contributions$241,601
Employee contributions$388,271
Employer contribution per active participant$372
Average account balance$28,220
Benefits paid to participants$855,861
Plan auditUnmodified (clean) audit opinion
AuditorCERINI AND ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 358 accts · $242K emplr
2023$9.1M · 228 accts · $676K emplr
2022$7.7M · 191 accts · $107K emplr
Employer contributions to the Queens Community House, Inc. plan · 2024
Employer contribution per active participant$372
Median for plans this size$1,313
2024$372 per active participant
2023$5,361 per active participant
2022$1,013 per active participant

Queens Community House, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$6,008

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

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$5,309 · 0.06%
2023$2,932 · 0.03%
2022$3,666 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · New York
P.E.A.C.E., Inc. NY$10.3M · 0.10%
Bellhaven Managemen LLC dba NY$10.2M · 0.17%
Lalor Dental, LLC NY$10.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112375583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.