Plan Ledger DOL Form 5500 · updated monthly

Vanderheyden Hall, Inc.403(b)

VANDERHEYDEN HALL EMPLOYEE 403(B) PLAN · WYNANTSKILL, NY · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Vanderheyden Hall, Inc. reported $39,345 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $559 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 0.46% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,381st of 5,648), and 7,618th of 11,911 in health care & social assistance. In 2024, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,519,657
Participants with balances187
Active participants409
Employer contributions$228,782
Employee contributions$563,761
Employer contribution per active participant$559
Average account balance$29,517
Benefits paid to participants$439,792
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR AND CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 187 accts · $229K emplr
2023$4.6M · 171 accts · $185K emplr
2022$3.6M · 165 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,345
Total administrative$39,345
Employer contributions to the Vanderheyden Hall, Inc. plan · 2024
Employer contribution per active participant$559
Median for plans this size$1,313
2024$559 per active participant
2023$494 per active participant
2022$442 per active participant

Vanderheyden Hall, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,344
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$39,345 · 0.77%
2023$14,660 · 0.36%
2022$17,590 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · New York
Community Health Center NY$5.6M · 0.55%
Bethel Methodist Home NY$5.5M · 0.67%
Innovative Services, Inc. NY$5.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.