Plan Ledger DOL Form 5500 · updated monthly

The New York Proton Center401(k)

NY PROTON 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The New York Proton Center reported $9,355 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,376 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 0.25% to 0.13%. 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 (3,852nd of 5,648), and 6,266th of 11,911 in health care & social assistance. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 133 to 179 since 2022.

Plan summary
Net assets, end of year$8,446,099
Participants with balances143
Active participants179
Employer contributions$604,310
Employee contributions$1,475,510
Employer contribution per active participant$3,376
Average account balance$59,064
Benefits paid to participants$261,890
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 143 accts · $604K emplr
2023$5.5M · 120 accts · $559K emplr
2022$3.5M · 106 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,752
Investment management$603
Total administrative$9,355
The The New York Proton Center 401(k) match · 2024
Employer contribution per active participant$3,376
Median for plans this size$1,313
2024$3,376 per active participant
2023$3,681 per active participant
2022$2,278 per active participant

The New York Proton Center's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,752

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

Administrative cost history3
2024$9,355 · 0.13%
2023$8,448 · 0.19%
2022$7,726 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · New York
East End Hospice, Inc. NY$8.5M · 0.56%
Fpg Services, LLC NY$8.5M · 0.97%
Women in Need NY$8.5M · 1.93%
X-Treme Care LLC NY$8.3M · 2.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474495295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.