Plan Ledger DOL Form 5500 · updated monthly

Village Care of New York403(b)

THE VILLAGE CARE TAX DEFERRED ANNUITY PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Village Care of New York reported $107,594 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,112 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 0.133%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 886th-largest of 5,648 plans among New York employers on file, and the 1,204th of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 800 to 1,114 since 2022.

Plan summary
Net assets, end of year$88,001,979
Participants with balances1,594
Active participants1,114
Employer contributions$3,466,519
Employee contributions$5,141,761
Employer contribution per active participant$3,112
Average account balance$55,208
Benefits paid to participants$7,352,362
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.0M · 1,594 accts · $3.5M emplr
2023$74.2M · 1,307 accts · $2.9M emplr
2022$62.1M · 1,126 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,594
Total administrative$107,594
Employer contributions to the Village Care of New York plan · 2024
Employer contribution per active participant$3,112
Median for plans this size$3,635
2024$3,112 per active participant
2023$3,278 per active participant
2022$3,164 per active participant

Village Care of New York's 2024 employer contribution ran below the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$203

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$107,594 · 0.13%
2023$84,238 · 0.12%
2022$87,896 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · New York
The Rogosin Institute, Inc. NY$89.3M · 0.07%
Centerlight Health System NY$87.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133854754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.