Plan Ledger DOL Form 5500 · updated monthly

Carter Burden Network, Inc.DC plan

403(B) THRIFT PLAN OF THE CARTER BURDEN CENTER FOR THE AGING, INC. D/B/A CARTER BURDEN NETWO · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Carter Burden Network, Inc. reported $1,346 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,315 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 0.031% to 0.025%. 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 (4,376th of 5,648), and 7,615th of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 110 to 124 since 2022.

Plan summary
Net assets, end of year$5,529,297
Participants with balances129
Active participants124
Employer contributions$163,079
Employee contributions$341,649
Employer contribution per active participant$1,315
Average account balance$42,863
Benefits paid to participants$635,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 129 accts · $163K emplr
2023$5.1M · 131 accts · $148K emplr
2022$4.2M · 129 accts · $156K emplr
Employer contributions to the Carter Burden Network, Inc. plan · 2024
Employer contribution per active participant$1,315
Median for plans this size$1,313
2024$1,315 per active participant
2023$1,845 per active participant
2022$1,422 per active participant

Carter Burden Network, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,731

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,346 · 0.03%
2023$831 · 0.02%
2022$1,334 · 0.03%
Similar plansHealth Care & Social Assistance · New York
Community Health Center NY$5.6M · 0.55%
Vanderheyden Hall, Inc. NY$5.5M · 0.77%
Bethel Methodist Home NY$5.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237129499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.