Plan Ledger DOL Form 5500 · updated monthly

Steuben Churchpeople Against Poverty Inc dba Arbor Housing Development401(k)

ARBOR HOUSING & DEVELOPMENT 401(K) RETIREMENT PLAN · CORNING, NY · plan year 2024

Reported admin expense ratio · 2024
1.28%

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

Steuben Churchpeople Against Poverty Inc dba Arbor Housing Development reported $45,312 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,107 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 1.00% to 1.28%. 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 (4,765th of 5,648), and 8,847th of 11,911 in health care & social assistance. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,587,509
Participants with balances189
Active participants116
Employer contributions$244,373
Employee contributions$168,253
Employer contribution per active participant$2,107
Average account balance$18,982
Benefits paid to participants$640,250
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 189 accts · $244K emplr
2023$3.5M · 206 accts · $229K emplr
2022$3.0M · 189 accts · $215K emplr
Administrative expenses, itemized · 2024
Investment management$29,525
Total administrative$45,312
The Steuben Churchpeople Against Poverty Inc dba Arbor Housing Development 401(k) match · 2024
Employer contribution per active participant$2,107
Median for plans this size$1,313
2024$2,107 per active participant
2023$1,860 per active participant
2022$1,853 per active participant

Steuben Churchpeople Against Poverty Inc dba Arbor Housing Development's 2024 employer contribution ran above 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
UNIFIED TRUST COMPANY, N.A. · Recordkeeping · Trustee (discretionary)$26,376
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$10,880
NORTHEAST BENEFIT SERVICES · Other services$8,055

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

Recordkeeper by year2
2024UNIFIED TRUST COMPANY, N.A.
2023UNIFIED TRUST COMPANY, N.A.

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

Administrative cost history3
2024$45,312 · 1.28%
2023$33,953 · 1.04%
2022$35,255 · 1.00%
Similar plansHealth Care & Social Assistance · New York
Feist Consulting LLC NY$3.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161166737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.