Plan Ledger DOL Form 5500 · updated monthly

Westchester Family Care Inc.401(k)

WESTCHESTER FAMILY CARE INC. 401(K) PROFIT SHARING PLAN & TRUST · MAMARONECK, NY · plan year 2022

Reported admin expense ratio · 2022
2.13%

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

Westchester Family Care Inc. reported $12,474 in plan administrative expenses for 2022: 2.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $363 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,426th of 5,648), and 3,154th of 3,341 in other services. In 2022, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$619,175
Participants with balances189
Active participants131
Employer contributions$47,571
Employee contributions$150,607
Employer contribution per active participant$363
Average account balance$3,276
Benefits paid to participants$69,196
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$619K · 189 accts · $48K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,474
Total administrative$12,474
The Westchester Family Care Inc. 401(k) match · 2022
Employer contribution per active participant$363
Median for plans this size$331

Westchester Family Care Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$12,474 · 2.13%
Similar plansOther Services · New York
Allpro Parking, LLC NY$656K · 0.34%
Hello Alfred NY$582K · 0.68%
Swimjim Inc NY$392K · 2.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274649126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.