Plan Ledger DOL Form 5500 · updated monthly

Richmond University Medical Center403(b)

RICHMOND UNIVERSITY MEDICAL CENTER 403(B) PLAN · STATEN ISLAND, NY · plan year 2022

Reported admin expense ratio · 2022
0.05%

Richmond University Medical Center reported $56,696 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 791st-largest of 5,648 plans among New York employers on file, and the 1,095th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$101,289,995
Participants with balances1,279
Active participants1,300
Employer contributions—
Employee contributions$7,698,655
Employer contribution per active participant—
Average account balance$79,195
Benefits paid to participants$4,655,551
Plan auditUnmodified (clean) audit opinion
AuditorBAKERTILLY US, LLP
Administrative expenses, itemized · 2022
Investment management$34,031
Professional / advisory$19,845
Total administrative$56,696
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.

Recordkeeper by year2
2024TIAA
2023TIAA

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Administrative cost history1
2022$56,696 · 0.05%
All plans at this employer2
RICHMOND UNIVERSITY MEDICAL CENTER RETIREMENT PLAN FOR NON-UNION EMPLOYEESProfit-sharing plan
RICHMOND UNIVERSITY MEDICAL CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New York
Hebrew Home at Riverdale NY$104.5M · 0.35%
St. Elizabeth Medical Center NY$101.6M · 0.23%
Nyack Hospital NY$98.0M · 0.22%
Cassena Care, LLC NY$97.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743177454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.