Plan Ledger DOL Form 5500 · updated monthly

R.A.I.N. Total Care, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF R.A.I.N. TOTAL CARE, INC. · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

R.A.I.N. Total Care, Inc. reported $3,933 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,909 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 0.03% to 0.07%. 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 (4,329th of 5,648), and 7,481st of 11,911 in health care & social assistance. In 2024, the employer put in $2.86 for every $1.00 employees contributed themselves; active participation has shrunk from 210 to 186 since 2022.

Plan summary
Net assets, end of year$5,776,282
Participants with balances321
Active participants186
Employer contributions$355,144
Employee contributions$124,076
Employer contribution per active participant$1,909
Average account balance$17,995
Benefits paid to participants$410,223
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 321 accts · $355K emplr
2023$5.1M · 305 accts · $341K emplr
2022$4.4M · 307 accts · $313K emplr
The R.A.I.N. Total Care, Inc. 401(k) match · 2024
Employer contribution per active participant$1,909
Median for plans this size$1,313
2024$1,909 per active participant
2023$1,755 per active participant
2022$1,492 per active participant

R.A.I.N. Total Care, Inc.'s 2024 employer contribution ran above the $1,313 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 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$5,184

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

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Administrative cost history3
2024$3,933 · 0.07%
2023$4,374 · 0.09%
2022$1,231 · 0.03%
Similar plansHealth Care & Social Assistance · New York
Arcadia Management, Inc. NY$5.8M · 0.63%
H1 Insights, Inc. NY$5.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810876721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.