Plan Ledger DOL Form 5500 · updated monthly

Sanctuary for Families, Inc.403(b)

SANCTUARY FOR FAMILIES 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Sanctuary for Families, Inc. reported $97,088 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,250 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 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,463rd-largest of 5,648 plans among New York employers on file, and the 3,554th of 11,911 in health care & social assistance. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has grown from 239 to 271 since 2022.

Plan summary
Net assets, end of year$21,002,866
Participants with balances461
Active participants271
Employer contributions$338,872
Employee contributions$1,149,835
Employer contribution per active participant$1,250
Average account balance$45,559
Benefits paid to participants$1,102,199
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 461 accts · $339K emplr
2023$18.2M · 453 accts · $396K emplr
2022$14.8M · 430 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,088
Total administrative$97,088
Employer contributions to the Sanctuary for Families, Inc. plan · 2024
Employer contribution per active participant$1,250
Median for plans this size$2,416
2024$1,250 per active participant
2023$1,470 per active participant
2022$1,432 per active participant

Sanctuary for Families, Inc.'s 2024 employer contribution ran below the $2,416 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
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping$94,861

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$97,088 · 0.49%
2023$84,776 · 0.51%
2022$80,031 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · New York
Pathways Inc NY$21.4M · 0.54%
Housing Works, Inc. NY$21.1M · 0.13%
East River Medical Imaging NY$21.0M · 0.43%
Kbi Services, Inc. NY$20.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133193119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.