Plan Ledger DOL Form 5500 · updated monthly

University Neurology, Inc.403(b)

UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

University Neurology, Inc. reported $16,953 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,242 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 0.48% to 0.09%. 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 2,506th-largest of 5,648 plans among New York employers on file, and the 3,646th of 11,911 in health care & social assistance. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 93 to 151 since 2022.

Plan summary
Net assets, end of year$20,395,336
Participants with balances230
Active participants151
Employer contributions$187,522
Employee contributions$436,159
Employer contribution per active participant$1,242
Average account balance$88,675
Benefits paid to participants$1,097,641
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW &KERSHNER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 230 accts · $188K emplr
2023$18.7M · 217 accts · $192K emplr
2022$16.1M · 172 accts · $194K emplr
Employer contributions to the University Neurology, Inc. plan · 2024
Employer contribution per active participant$1,242
Median for plans this size$2,416
2024$1,242 per active participant
2023$1,314 per active participant
2022$2,085 per active participant

University Neurology, Inc.'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 · 20241
TRG ADVISORS, INC. · Investment advisory (plan)$14,691

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$16,953 · 0.09%
2023$214 · 0.00%
2022$81,731 · 0.48%
Similar plansHealth Care & Social Assistance · New York
The Highlands NY$20.5M · 0.10%
Lifeplan Cco Ny, LLC NY$20.4M · 0.25%
Regional Mso LLC NY$20.3M · 0.12%
St. Johns Health Care Corp. NY$20.2M · 0.65%
Cny Fertility, PLLC NY$20.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161359213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.