Plan Ledger DOL Form 5500 · updated monthly

Sinergia, Inc.401(k)

SINERGIA, INC., 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
2.00%

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

Sinergia, Inc. reported $60,573 in plan administrative expenses for 2024: 2.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.56% to 2.00%. 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 (4,862nd of 5,648), and 9,129th of 11,911 in health care & social assistance. active participation has grown from 140 to 154 since 2022.

Plan summary
Net assets, end of year$3,172,863
Participants with balances179
Active participants154
Employer contributions$0
Employee contributions$95,559
Employer contribution per active participant$0
Average account balance$17,725
Benefits paid to participants$61,068
Plan auditUnmodified (clean) audit opinion
AuditorSAMUEL GOLDSTEIN & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 179 accts
2023$2.9M · 185 accts
2022$2.5M · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,657
Total administrative$60,573
The Sinergia, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Sinergia, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$60,573 · 2.00%
2023$45,648 · 1.68%
2022$41,172 · 1.56%
Similar plansHealth Care & Social Assistance · New York
Monroe Medi-Trans, Inc. NY$3.2M · 1.91%
Palladia, Inc. NY$3.2M · 0.35%
Independent Living, Inc. NY$3.2M · 0.91%
Emerald Healthcare, LLC NY$3.2M · 2.12%
East Side House NY$3.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133183344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.