Plan Ledger DOL Form 5500 · updated monthly

Upstate Community Medical, PC401(k)

UPSTATE COMMUNITY MEDICAL, PC 401(K) PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Upstate Community Medical, PC reported $66,607 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,416 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 0.48% to 0.52%. 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 among the smaller plans on file in New York (3,059th of 5,648), and the 4,653rd of 11,911 in health care & social assistance. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,134,813
Participants with balances133
Active participants126
Employer contributions$430,449
Employee contributions$1,084,213
Employer contribution per active participant$3,416
Average account balance$106,277
Benefits paid to participants$527,457
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 133 accts · $430K emplr
2023$11.5M · 122 accts · $433K emplr
2022$9.0M · 116 accts · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,003
Investment management$31,604
Total administrative$66,607
The Upstate Community Medical, PC 401(k) match · 2024
Employer contribution per active participant$3,416
Median for plans this size$2,416
2024$3,416 per active participant
2023$3,436 per active participant
2022$3,192 per active participant

Upstate Community Medical, PC'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$34,403
ACTUARIAL PENSION ANALYSTS, INC. · Recordkeeping · Loan processing$600
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$31,604

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ACTUARIAL PENSION ANALYSTS, INC., Transamerica
2023ACTUARIAL PENSION ANALYSTS, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$66,607 · 0.52%
2023$51,818 · 0.51%
2022$45,174 · 0.48%
Similar plansHealth Care & Social Assistance · New York
Nyu Langone Mso, Inc. NY$14.3M · 0.13%
Hasc Center Inc. NY$14.1M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203889761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.