Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association Health Care Services, Inc. 403(B) Plan403(b)

VISITING NURSE ASSOCIATION HEALTH CARE SERVICES, INC. 403(B) PLAN · STATEN ISLAND, NY · plan year 2023

Reported admin expense ratio · 2023
0.85%

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

Visiting Nurse Association Health Care Services, Inc. 403(B) Plan reported $50,086 in plan administrative expenses for 2023: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $909 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 1.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,196th of 5,648), and 7,154th of 11,911 in health care & social assistance. In 2023, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,399,301
Participants with balances137
Active participants75
Employer contributions$68,158
Employee contributions$244,366
Employer contribution per active participant$909
Average account balance$46,710
Benefits paid to participants$186,871
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH + BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 90 accts · $49K emplr
2023$6.4M · 137 accts · $68K emplr
2022$5.4M · 137 accts · $79K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,861
Investment management$12,985
Audit (IQPA)$19,240
Total administrative$50,086
Employer contributions to the Visiting Nurse Association Health Care Services, Inc. 403(B) Plan plan · 2023
Employer contribution per active participant$909
Median for plans this size$1,308
2024$49,167 per active participant
2023$909 per active participant
2022$1,015 per active participant

Visiting Nurse Association Health Care Services, Inc. 403(B) Plan's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ASCENSUS LLC · Loan processing · Recordkeeping$17,861
WITHUMSMITH+BROWN, PC · Accounting / audit$19,240
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$12,985

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$61,708 · 1.35%
2023$50,086 · 0.85%
2022$29,511 · 0.48%
Similar plansHealth Care & Social Assistance · New York
River Hospital, Inc. NY$6.4M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.