Plan Ledger DOL Form 5500 · updated monthly

St. Johnland Nursing Center, Inc401(k)

THE NEW ST. JOHNLAND NURSING 401(K) PLAN · KINGS PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

St. Johnland Nursing Center, Inc reported $28,134 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $944 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 0.35%. 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 (3,847th of 5,648), and 6,250th of 11,911 in health care & social assistance. In 2024, employees put in $3.81 for every $1.00 the employer contributed; active participation has grown from 199 to 242 since 2022.

Plan summary
Net assets, end of year$8,476,369
Participants with balances275
Active participants242
Employer contributions$228,517
Employee contributions$870,996
Employer contribution per active participant$944
Average account balance$30,823
Benefits paid to participants$1,048,463
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 275 accts · $229K emplr
2023$7.6M · 267 accts · $204K emplr
2022$6.8M · 268 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,550
Investment management$23,584
Total administrative$28,134
The St. Johnland Nursing Center, Inc 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$1,313
2024$944 per active participant
2023$911 per active participant
2022$709 per active participant

St. Johnland Nursing Center, Inc's 2024 employer contribution ran below the $1,313 median for plans its size. 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
SRPC, INC · Recordkeeping · Trustee$23,584
ADP, INC. · Loan processing · Recordkeeping$4,550
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, SRPC, INC
2023ADP, SRPC, INC

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

Administrative cost history3
2024$28,134 · 0.35%
2023$23,474 · 0.33%
2022$25,979 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · New York
East End Hospice, Inc. NY$8.5M · 0.56%
Fpg Services, LLC NY$8.5M · 0.97%
Women in Need NY$8.5M · 1.93%
X-Treme Care LLC NY$8.3M · 2.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113109867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.