Plan Ledger DOL Form 5500 · updated monthly

The New Bridge View Co., LLC401(k)

HEALTH CARE 401(K) PLAN · WHITESTONE, NY · plan year 2020

Reported admin expense ratio · 2020
0.64%

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

The New Bridge View Co., LLC reported $14,643 in plan administrative expenses for 2020: 0.64% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio fell from 0.83% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,026th of 5,648), and 9,644th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,494,549
Participants with balances73
Active participants156
Employer contributions$0
Employee contributions$228,762
Employer contribution per active participant$0
Average account balance$34,172
Benefits paid to participants$131,352
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history3
Yearassets · accounts · employer contribution
2022$2.2M · 66 accts
2020$2.5M · 73 accts
2019$2.1M · 64 accts
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$14,643
Total administrative$14,643
The The New Bridge View Co., LLC 401(k) match · 2020
Employer contribution per active participant$0
Median for plans this size$893

The New Bridge View Co., LLC's 2020 employer contribution ran below the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022$17,543 · 0.70%
2020$14,643 · 0.64%
2019$15,466 · 0.83%
Same employer
Similar plansHealth Care & Social Assistance · New York
Yedei Chesed NY$2.6M · 0.78%
Skyview Choice, LLC NY$2.6M · 0.89%
Epilepsy-Pralid, Inc. NY$2.5M · 0.31%
Dmk Endeavors, Inc. NY$2.5M · 1.29%
Ophelia Health, Inc. NY$2.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113393394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.