Plan Ledger DOL Form 5500 · updated monthly

United Hebrew Geriatric CenterProfit-sharing plan

UNITED HEBREW GERIATRIC CENTER EMPLOYEES RETIREMENT PLAN · NEW ROCHELLE, NY · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

United Hebrew Geriatric Center reported $38,180 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,547 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 0.78% to 1.08%. 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 (4,744th of 5,648), and 8,783rd of 11,911 in health care & social assistance. active participation has grown from 116 to 145 since 2022.

Plan summary
Net assets, end of year$3,670,570
Participants with balances151
Active participants145
Employer contributions$224,278
Employee contributions—
Employer contribution per active participant$1,547
Average account balance$24,308
Benefits paid to participants$267,496
Plan auditUnmodified (clean) audit opinion
AuditorPFK OCONNOR DAVIES
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 151 accts · $224K emplr
2023$3.4M · 190 accts · $199K emplr
2022$3.3M · 192 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,180
Total administrative$38,180
Employer contributions to the United Hebrew Geriatric Center plan · 2024
Employer contribution per active participant$1,547
Median for plans this size$1,313
2024$1,547 per active participant
2023$1,618 per active participant
2022$1,393 per active participant

United Hebrew Geriatric Center'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,470
CONCIERGE RETIREMENT SERVICES · Contract administrator · Other services$15,712
CETERA ADVISOR NETWORKS LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$38,180 · 1.08%
2023$40,580 · 1.22%
2022$27,962 · 0.78%
Similar plansHealth Care & Social Assistance · New York
Taconic Innovations, Inc. NY$3.7M · 0.02%
Advocates Incorporated NY$3.7M · 1.10%
Continental Home Care NY$3.6M · 4.16%
Life Bridge Dental, PLLC NY$3.6M · 1.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131663975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.