Plan Ledger DOL Form 5500 · updated monthly

Throgs Neck Extended Care, LLC401(k)

THROGS NECK EXTENDED CARE, LLC UNION 1199 401(K) PLAN · BRONX, NY · plan year 2022

Reported admin expense ratio · 2022
1.01%

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

Throgs Neck Extended Care, LLC reported $12,735 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,158 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,281st of 5,648), and 10,680th of 11,911 in health care & social assistance. In 2022, the employer put in $3.80 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,249,506
Participants with balances135
Active participants95
Employer contributions$205,047
Employee contributions$54,027
Employer contribution per active participant$2,158
Average account balance$9,256
Benefits paid to participants$111,530
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.2M · 135 accts · $205K emplr
Administrative expenses, itemized · 2022
Professional / advisory$12,735
Total administrative$12,735
The Throgs Neck Extended Care, LLC 401(k) match · 2022
Employer contribution per active participant$2,158
Median for plans this size$1,114

Throgs Neck Extended Care, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$12,735 · 1.01%
All plans at this employer2
THROGS NECK EXTENDED CARE, LLC OPERATING 401(K) PLAN401(k)
THROGS NECK EXTENDED CARE, LLC UNION 1199 401(K) PLAN401(k)
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Source: U.S. Department of Labor, Form 5500 series, EIN 421558553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.