Plan Ledger DOL Form 5500 · updated monthly

Sight Medical Doctors PLLC401(k)

SIGHTMD 401(K) PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Sight Medical Doctors PLLC reported $10,650 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3 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 0.02% to 0.04%. 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 2,087th-largest of 5,648 plans among New York employers on file, and the 2,965th of 11,911 in health care & social assistance. In 2024, employees put in $818.26 for every $1.00 the employer contributed; active participation has grown from 986 to 1,450 since 2022.

Plan summary
Net assets, end of year$27,298,267
Participants with balances519
Active participants1,450
Employer contributions$4,062
Employee contributions$3,323,758
Employer contribution per active participant$3
Average account balance$52,598
Benefits paid to participants$1,205,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 519 accts · $4K emplr
2023$22.0M · 519 accts · $347K emplr
2022$18.0M · 512 accts · $317K emplr
Administrative expenses, itemized · 2024
Investment management$9,100
Total administrative$10,650
The Sight Medical Doctors PLLC 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$2,416
2024$3 per active participant
2023$327 per active participant
2022$321 per active participant

Sight Medical Doctors PLLC'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 · 20243
DANZIGER & MARKHOFF LLP · Other servicesindirect comp
PROCYON INSTITIUTIONAL PARTNERS LLCindirect comp
PROCYON PARTNERS LLCindirect comp

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

Administrative cost history3
2024$10,650 · 0.04%
2023$11,984 · 0.06%
2022$4,600 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cityblock Health, Inc NY$27.5M · 0.46%
Neurological Surgery, P.C. NY$27.1M · 0.35%
Odyssey House, Inc. NY$27.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464449523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.