Plan Ledger DOL Form 5500 · updated monthly

The Animal Medical Center403(b)

ANIMAL MEDICAL CENTER 403(B) TAX SHELTERED ANNUITY PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Animal Medical Center reported $4,709 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $483 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 fell from 0.06% to 0.01%. 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 1,571st-largest of 5,648 plans among New York employers on file, and the 2,199th of 11,911 in health care & social assistance. In 2024, employees put in $8.62 for every $1.00 the employer contributed; active participation has grown from 353 to 614 since 2022.

Plan summary
Net assets, end of year$41,042,335
Participants with balances538
Active participants614
Employer contributions$296,302
Employee contributions$2,553,356
Employer contribution per active participant$483
Average account balance$76,287
Benefits paid to participants$1,084,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.0M · 538 accts · $296K emplr
2023$34.9M · 363 accts · $247K emplr
2022$28.6M · 187 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,709
Total administrative$4,709
Employer contributions to the The Animal Medical Center plan · 2024
Employer contribution per active participant$483
Median for plans this size$2,416
2024$483 per active participant
2023$628 per active participant
2022$642 per active participant

The Animal Medical Center'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,709
FEDERATED SECURITIES INC. · Other servicesindirect comp
EISNER ADVISORY GROUP LLC · Other servicesindirect 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$4,709 · 0.01%
2023$18,683 · 0.06%
2022$17,065 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · New York
Rising Ground, Inc. NY$44.3M · 0.09%
Four Winds, Inc. NY$42.1M · 0.36%
Liveonny NY$40.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135505367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.