Plan Ledger DOL Form 5500 · updated monthly

The Mental Health Association of Westchester County Inc.403(b)

THE MENTAL HEALTH ASSOCIATION OF WESTCHESTER COUNTY, INC. 403(B) PLAN · TARRY TOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.48%

The Mental Health Association of Westchester County Inc. reported $54,969 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. 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 0.30% to 0.48%. 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 among the smaller plans on file in New York (3,011th of 5,648), and the 4,583rd of 11,911 in health care & social assistance. active participation has grown from 301 to 370 since 2022.

Plan summary
Net assets, end of year$14,577,745
Participants with balances244
Active participants370
Employer contributions—
Employee contributions$876,020
Employer contribution per active participant—
Average account balance$59,745
Benefits paid to participants$708,824
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 244 accts
2023$8.2M · 199 accts
2022$6.7M · 192 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,948
Investment management$27,021
Total administrative$54,969
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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$31,673
CLARFELD FINANCIAL ADVISORS · Investment advisory (plan)$23,296

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$54,969 · 0.48%
2023$35,830 · 0.48%
2022$21,760 · 0.30%
All plans at this employer2
THE MENTAL HEALTH ASSOCIATION OF WESTCHESTER COUNTY, INC. PROFIT SHARING PLANProfit-sharing plan
THE MENTAL HEALTH ASSOCIATION OF WESTCHESTER COUNTY, INC. 403(B) PLAN403(b)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 131740002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.