Plan Ledger DOL Form 5500 · updated monthly

The Highlands403(b)

THE HIGHLANDS LONG TERM CARE RETIREMENT PLAN · PITTSFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Highlands reported $19,680 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $375 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 0.06% to 0.10%. 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 2,491st-largest of 5,648 plans among New York employers on file, and the 3,624th of 11,911 in health care & social assistance. In 2024, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,521,416
Participants with balances1,386
Active participants785
Employer contributions$294,720
Employee contributions$1,056,220
Employer contribution per active participant$375
Average account balance$14,806
Benefits paid to participants$1,064,035
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 1,386 accts · $295K emplr
2023$18.2M · 1,329 accts · $293K emplr
2022$16.3M · 1,236 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,680
Total administrative$19,680
Employer contributions to the The Highlands plan · 2024
Employer contribution per active participant$375
Median for plans this size$2,416
2024$375 per active participant
2023$385 per active participant
2022$392 per active participant

The Highlands'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 · 20241
TIAA · Recordkeeping · Pension consulting$19,680

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$19,680 · 0.10%
2023$13,638 · 0.08%
2022$9,665 · 0.06%
Similar plansHealth Care & Social Assistance · New York
Kbi Services, Inc. NY$20.7M · 0.51%
Lifeplan Cco Ny, LLC NY$20.4M · 0.25%
University Neurology, Inc. NY$20.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223154715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.