What are the fees in the Villa of Hope 401(k) plan?

For plan year 2024, Villa of Hope reported $53,720 in plan administrative expenses, or 0.79% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Villa of Hope 401(k)?

The average participant account balance was $20,402 for plan year 2024, based on 358 accounts.

Villa of Hope401(k)

Name: Villa of Hope 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

VILLA OF HOPE RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024

0.79%

Villa of Hope reported $53,720 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. 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 0.97% to 0.79%. 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 (4,033rd of 5,648), and 6,734th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$7,304,012
Participants with balances358
Active participants221
Employer contributions—
Employee contributions$800,224
Employer contribution per active participant—
Average account balance$20,402
Benefits paid to participants$839,334
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP

Plan history3

Yearassets · accounts · employer contribution

2024$7.3M · 358 accts

2023$6.3M · 366 accts

2022$5.8M · 380 accts · $100K emplr

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$27,581

Investment management$26,139

Total administrative$53,720

What these fees cost you

Your balance

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

ADP, INC. · Recordkeeping$27,811

UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$25,909

ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2

2024ADP, UBS

2023ADP, UBS

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

Administrative cost history3

2024$53,720 · 0.79%

2023$50,116 · 0.83%

2022$57,951 · 0.97%

Same employer

Villa of Hope's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.