Plan Ledger DOL Form 5500 · updated monthly

St. Joseph's Rehabilitation Center401(k)

ST. JOSEPH'S REHABILITATION CENTER RETIREMENT PLAN · SARANAC LAKE, NY · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

St. Joseph's Rehabilitation Center reported $6,648 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $636 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 0.27% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,445th of 5,648), and 7,838th of 11,911 in health care & social assistance. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,138,457
Participants with balances350
Active participants140
Employer contributions$89,105
Employee contributions$255,771
Employer contribution per active participant$636
Average account balance$14,681
Benefits paid to participants$373,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 313 accts
2023$5.1M · 350 accts · $89K emplr
2022$4.2M · 349 accts · $77K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,648
Total administrative$6,648
The St. Joseph's Rehabilitation Center 401(k) match · 2023
Employer contribution per active participant$636
Median for plans this size$1,308
2023$636 per active participant
2022$532 per active participant

St. Joseph's Rehabilitation Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE RETIREMENT ADVANTAGE · Recordkeeping · Loan processing$6,649

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

Recordkeeper by year2
2024THE RETIREMENT ADVANTAGE
2023THE RETIREMENT ADVANTAGE

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

Administrative cost history3
2024$19,599 · 0.39%
2023$6,648 · 0.14%
2022$10,756 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · New York
Tioga Opportunities, Inc. NY$5.2M · 0.04%
Hope for Youth, Inc. NY$5.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141536222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.