Plan Ledger DOL Form 5500 · updated monthly

Ur Medicine Home Care Inc.401(k)

UR MEDICINE HOME CARE INC. 401(K) RETIREMENT SAVINGS PLAN · WEBSTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Ur Medicine Home Care Inc. reported $98,522 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,473 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,683rd-largest of 5,648 plans among New York employers on file, and the 576th of 3,341 in other services. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 512 to 407 since 2022.

Plan summary
Net assets, end of year$37,576,643
Participants with balances933
Active participants407
Employer contributions$599,482
Employee contributions$1,431,255
Employer contribution per active participant$1,473
Average account balance$40,275
Benefits paid to participants$4,178,526
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 933 accts · $599K emplr
2023$35.4M · 1,016 accts · $653K emplr
2022$31.0M · 1,064 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,751
Audit (IQPA)$12,771
Total administrative$98,522
The Ur Medicine Home Care Inc. 401(k) match · 2024
Employer contribution per active participant$1,473
Median for plans this size$2,416
2024$1,473 per active participant
2023$1,550 per active participant
2022$1,498 per active participant

Ur Medicine Home Care Inc.'s 2024 employer contribution ran below 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 · 20242
TEACHERS INSURACE AND ANNUITY ASSOC · Contract administrator · Insurance services$75,693
CAPFINANCIAL PARTNERS. LLC · Contract administrator$10,371

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$98,522 · 0.27%
2023$93,059 · 0.28%
2022$89,573 · 0.26%
Similar plansOther Services · New York
Welllife Network Inc. NY$41.2M · 0.05%
Lgi Services, LLC NY$40.0M · 0.41%
Help USA, Inc. NY$37.6M · 0.94%
Seneca Nation of Indians NY$37.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222577664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.