Plan Ledger DOL Form 5500 · updated monthly

Trinity Medical Wny PC403(b)

TRINITY MEDICAL WNY 403(B) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Trinity Medical Wny PC reported $11,668 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $870 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,312th-largest of 5,648 plans among New York employers on file, and the 3,344th of 11,911 in health care & social assistance. In 2024, employees put in $6.48 for every $1.00 the employer contributed; active participation has grown from 377 to 527 since 2022.

Plan summary
Net assets, end of year$22,980,445
Participants with balances338
Active participants527
Employer contributions$458,476
Employee contributions$2,970,723
Employer contribution per active participant$870
Average account balance$67,989
Benefits paid to participants$415,586
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 338 accts · $458K emplr
2023$17.2M · 280 accts · $728K emplr
2022$12.5M · 270 accts · $812K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,235
Investment management$6,533
Total administrative$11,668
The Trinity Medical Wny PC 401(k) match · 2024
Employer contribution per active participant$870
Median for plans this size$2,416
2024$870 per active participant
2023$1,709 per active participant
2022$2,153 per active participant

Trinity Medical Wny PC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,533
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,235

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$11,668 · 0.06%
2023$9,992 · 0.07%
2022$6,197 · 0.05%
Similar plansHealth Care & Social Assistance · New York
Promesa, Inc. NY$23.6M · 0.22%
Trillium Health, Inc. NY$23.4M · 0.52%
Freedom Care LLC NY$23.4M · 2.38%
Family Service League, Inc. NY$23.0M · 0.70%
Nascentia Health, Inc. NY$22.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272576645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.