Plan Ledger DOL Form 5500 · updated monthly

University at Buffalo Neurosurgery, Inc.403(b)

UNIVERSITY AT BUFFALO NEUROSURGERY, 401(K) RETIREMENT PLAN · WILLIAMSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

University at Buffalo Neurosurgery, Inc. reported $35,280 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,920 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 fell from 0.52% to 0.11%. 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 1,781st-largest of 5,648 plans among New York employers on file, and the 2,496th of 11,911 in health care & social assistance. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 288 to 332 since 2022.

Plan summary
Net assets, end of year$34,464,805
Participants with balances373
Active participants332
Employer contributions$1,301,457
Employee contributions$1,313,096
Employer contribution per active participant$3,920
Average account balance$92,399
Benefits paid to participants$1,838,988
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW KERSHNER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 373 accts · $1.3M emplr
2023$29.3M · 351 accts · $1.1M emplr
2022$24.0M · 328 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,147
Audit (IQPA)$5,133
Total administrative$35,280
The University at Buffalo Neurosurgery, Inc. 401(k) match · 2024
Employer contribution per active participant$3,920
Median for plans this size$2,416
2024$3,920 per active participant
2023$3,580 per active participant
2022$3,818 per active participant

University at Buffalo Neurosurgery, Inc.'s 2024 employer contribution ran above the $2,416 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
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$10,400
CHIAMPOU TRAVIS BESAW & KERSHNER LL · Accounting / audit$7,106
ATTN FINANCE DEPT · Investment advisory (plan)$7,030
TIAA$6,216

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$35,280 · 0.11%
2023$20,391 · 0.08%
2022$132,947 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cny Family Care, LLP NY$35.8M · 0.03%
Columbia Memorial Hospital NY$34.4M · 0.57%
All Metro Health Care NY$34.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030445678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.