Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association of Albany Home Care Corporation401(k)

VISITING NURSE ASSOCIATION 401K PROFIT SHARING PLAN AND TRUST · ALBANY, NY · plan year 2022

Reported admin expense ratio · 2022
1.90%

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

Visiting Nurse Association of Albany Home Care Corporation reported $34,735 in plan administrative expenses for 2022: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $104 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,201st of 5,648), and 10,337th of 11,911 in health care & social assistance. In 2022, employees put in $4.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,663,383
Participants with balances78
Active participants205
Employer contributions$21,417
Employee contributions$94,421
Employer contribution per active participant$104
Average account balance$21,325
Benefits paid to participants$139,832
Plan auditUnmodified (clean) audit opinion
AuditorBERRY DUNN MCNEIL & PARKER (NY),LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,735
Total administrative$34,735
The Visiting Nurse Association of Albany Home Care Corporation 401(k) match · 2022
Employer contribution per active participant$104
Median for plans this size$1,114

Visiting Nurse Association of Albany Home Care Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$34,735 · 1.90%
Similar plansHealth Care & Social Assistance · New York
Aids Community Resource NY$1.7M · 2.22%
Cnyhhn, Inc. NY$1.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141697717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.