Plan Ledger DOL Form 5500 · updated monthly

University Psychiatric Practice, Inc.403(b)

UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

University Psychiatric Practice, Inc. reported $175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,788 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 0.000% to 0.001%. 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 1,862nd-largest of 5,648 plans among New York employers on file, and the 2,622nd of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,160,608
Participants with balances124
Active participants79
Employer contributions$457,243
Employee contributions$1,076,661
Employer contribution per active participant$5,788
Average account balance$259,360
Benefits paid to participants$1,030,570
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW & KERSHNER LL
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 124 accts · $457K emplr
2023$28.1M · 124 accts · $452K emplr
2022$24.1M · 123 accts · $432K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175
Total administrative$175
The University Psychiatric Practice, Inc. 401(k) match · 2024
Employer contribution per active participant$5,788
Median for plans this size$2,416
2024$5,788 per active participant
2023$5,716 per active participant
2022$5,332 per active participant

University Psychiatric Practice, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$175 · 0.00%
2023$1,829 · 0.01%
2022$75 · 0.00%
Similar plansHealth Care & Social Assistance · New York
Safe Horizon, Inc. NY$31.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161426208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.