Plan Ledger DOL Form 5500 · updated monthly

Tri-County Care, LLC401(k)

TRI-COUNTY CARE, LLC 401(K) PLAN · MONSEY, NY · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Tri-County Care, LLC reported $73,964 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $447 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 rose from 0.60% to 1.30%. 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 (4,115th of 5,648), and 6,979th of 11,911 in health care & social assistance. In 2024, employees put in $4.56 for every $1.00 the employer contributed; active participation has grown from 604 to 744 since 2022.

Plan summary
Net assets, end of year$6,766,806
Participants with balances396
Active participants744
Employer contributions$332,475
Employee contributions$1,517,044
Employer contribution per active participant$447
Average account balance$17,088
Benefits paid to participants$399,026
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 396 accts · $332K emplr
2023$4.6M · 358 accts · $280K emplr
2022$2.7M · 265 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,964
Total administrative$73,964
The Tri-County Care, LLC 401(k) match · 2024
Employer contribution per active participant$447
Median for plans this size$1,313
2024$447 per active participant
2023$421 per active participant

Tri-County Care, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$73,964 · 1.30%
2023$44,947 · 1.23%
2022$14,968 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · New York
Acds, Inc. NY$6.9M · 0.14%
Cym Living LLC NY$6.8M · 0.58%
Baptist Health System NY$6.7M · 0.44%
Brylin Hospitals, Inc. NY$6.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371874331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.