Plan Ledger DOL Form 5500 · updated monthly

The Child Center of Ny, Inc.401(k)

THE CHILD CENTER OF NY, INC. 401(K) PLAN · FOREST HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

The Child Center of Ny, Inc. reported $110,037 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,403 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 0.45% to 0.36%. 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 1,822nd-largest of 5,648 plans among New York employers on file, and the 2,547th of 11,911 in health care & social assistance. In 2024, the employer put in $2.36 for every $1.00 employees contributed themselves; active participation has grown from 918 to 1,094 since 2022.

Plan summary
Net assets, end of year$33,662,204
Participants with balances553
Active participants1,094
Employer contributions$2,628,917
Employee contributions$1,114,733
Employer contribution per active participant$2,403
Average account balance$60,872
Benefits paid to participants$1,736,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 553 accts · $2.6M emplr
2023$27.9M · 504 accts · $2.1M emplr
2022$24.1M · 663 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,196
Investment management$39,841
Total administrative$110,037
The The Child Center of Ny, Inc. 401(k) match · 2024
Employer contribution per active participant$2,403
Median for plans this size$2,416
2024$2,403 per active participant
2023$2,182 per active participant
2022$2,332 per active participant

The Child Center of Ny, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$70,197
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)$39,841

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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Administrative cost history3
2024$110,037 · 0.36%
2023$139,745 · 0.54%
2022$98,164 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · New York
Engel Burman Senior Housing NY$33.9M · 0.51%
Olean Medical Practice PLLC NY$33.7M · 0.40%
Citizen Advocates, Inc. NY$32.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111733454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.