Plan Ledger DOL Form 5500 · updated monthly

Therapeutic Management Services, Inc.401(k)

CLINICAL ASSOCIATES OF THE FINGER LAKES 401(K) PLAN · VICTOR, NY · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Therapeutic Management Services, Inc. reported $14,234 in plan administrative expenses for 2023: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $74 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 has held roughly steady near 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,895th of 5,648), and 6,382nd of 11,911 in health care & social assistance. In 2023, employees put in $48.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,157,399
Participants with balances119
Active participants95
Employer contributions$7,047
Employee contributions$339,088
Employer contribution per active participant$74
Average account balance$68,550
Benefits paid to participants$452,271
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.9M · 121 accts
2023$8.2M · 119 accts · $7K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,375
Investment management$2,734
Total administrative$14,234
The Therapeutic Management Services, Inc. 401(k) match · 2023
Employer contribution per active participant$74
Median for plans this size$1,308

Therapeutic Management Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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

Administrative cost history2
2024$14,976 · 0.19%
2023$14,234 · 0.18%
All plans at this employer2
CAFL EMPLOYEE STOCK OWNERSHIP PLANESOP
CLINICAL ASSOCIATES OF THE FINGER LAKES 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · New York
X-Treme Care LLC NY$8.3M · 2.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465705688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.