Plan Ledger DOL Form 5500 · updated monthly

Tri-County Family Medicine, Inc.401(k)

TRI-COUNTY FAMILY MEDICINE, INC. RETIREMENT PLAN · DANSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Tri-County Family Medicine, Inc. reported $20,463 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,241 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 has held roughly steady near 0.23%. 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 (3,762nd of 5,648), and 6,070th of 11,911 in health care & social assistance. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has shrunk from 123 to 109 since 2022.

Plan summary
Net assets, end of year$8,983,261
Participants with balances99
Active participants109
Employer contributions$244,244
Employee contributions$575,250
Employer contribution per active participant$2,241
Average account balance$90,740
Benefits paid to participants$1,345,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 99 accts · $244K emplr
2023$8.6M · 111 accts · $249K emplr
2022$7.2M · 113 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,463
Total administrative$20,463
The Tri-County Family Medicine, Inc. 401(k) match · 2024
Employer contribution per active participant$2,241
Median for plans this size$1,313
2024$2,241 per active participant
2023$2,056 per active participant
2022$2,147 per active participant

Tri-County Family Medicine, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20243
MODERN WEALTH HOLDINGS LLC · Investment advisory (plan) · Contract administrator$546
BIA COSULTLING, LLC DBA · Contract administrator$200

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$20,463 · 0.23%
2023$17,563 · 0.22%
2022$17,308 · 0.22%
Similar plansHealth Care & Social Assistance · New York
Midwest Recover-Care NY$9.1M · 0.97%
Greatcare, Inc. NY$9.0M · 0.18%
Fgs, Inc. NY$9.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160997545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.