Plan Ledger DOL Form 5500 · updated monthly

Selfhelp Community Services, Inc.403(b)

SELFHELP COMMUNITY SERVICES, INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Selfhelp Community Services, Inc. reported $161,997 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $161 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 1.47% to 1.20%. 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 among the smaller plans on file in New York (3,005th of 5,648), and the 4,576th of 11,911 in health care & social assistance. In 2024, employees put in $4.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,613,241
Participants with balances2,711
Active participants1,846
Employer contributions$297,131
Employee contributions$1,319,276
Employer contribution per active participant$161
Average account balance$5,390
Benefits paid to participants$1,112,102
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 2,711 accts · $297K emplr
2023$12.4M · 2,503 accts · $674K emplr
2022$10.0M · 2,092 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,907
Investment management$33,090
Total administrative$161,997
The Selfhelp Community Services, Inc. 401(k) match · 2024
Employer contribution per active participant$161
Median for plans this size$2,416
2024$161 per active participant
2023$382 per active participant
2022$168 per active participant

Selfhelp Community Services, 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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$129,457
PROSPECT FINANCIAL SERVICES, LLC · Investment advisory (plan)$33,090

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$161,997 · 1.20%
2023$119,804 · 1.07%
2022$155,021 · 1.47%
Same employer
Similar plansHealth Care & Social Assistance · New York

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Source: U.S. Department of Labor, Form 5500 series, EIN 131624178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.