Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association of Albany, Inc.403(b)

VISITING NURSE ASSOCIATION OF ALBANY 403(B) PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Visiting Nurse Association of Albany, Inc. reported $63,502 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,015 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 0.71%. 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 (3,702nd of 5,648), and the 5,926th of 11,911 in health care & social assistance. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,346,199
Participants with balances156
Active participants106
Employer contributions$107,561
Employee contributions$319,075
Employer contribution per active participant$1,015
Average account balance$59,912
Benefits paid to participants$851,669
Plan auditUnmodified (clean) audit opinion
AuditorBERRY DUNN MCNEIL & PARKER (NY),LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 156 accts · $108K emplr
2023$8.6M · 152 accts · $110K emplr
2022$8.2M · 161 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,502
Total administrative$63,502
Employer contributions to the Visiting Nurse Association of Albany, Inc. plan · 2024
Employer contribution per active participant$1,015
Median for plans this size$1,313
2024$1,015 per active participant
2023$1,096 per active participant
2022$1,320 per active participant

Visiting Nurse Association of Albany, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
MORGAN STANLEY · Investment advisory (plan)$34,799
EMPOWER ADVISORY GROUP, LLC · Investment management$2,106
THE ANGELL PENSION GROUP, INC. · Contract administratorindirect 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$63,502 · 0.71%
2023$57,470 · 0.68%
2022$65,338 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · New York
On Your Mark, Inc. NY$9.4M · 0.91%
Wellthy, Inc. NY$9.3M · 0.23%
East House Corporation NY$9.3M · 0.15%
St. James Hospital NY$9.3M · 1.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141340125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.