Plan Ledger DOL Form 5500 · updated monthly

Whitney M. Young, Jr. Health Center, Inc.401(k)

RETIREMENT PLAN FOR EMPLOYEES OF WHITNEY M. YOUNG, JR. HEALTH CENTER, INC. · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Whitney M. Young, Jr. Health Center, Inc. reported $25,924 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,432 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 0.04% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,209th of 5,648), and the 4,928th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,933,165
Participants with balances310
Active participants191
Employer contributions$464,462
Employee contributions$876,741
Employer contribution per active participant$2,432
Average account balance$41,720
Benefits paid to participants$1,357,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 310 accts · $464K emplr
2023$11.3M · 359 accts · $403K emplr
2022$9.2M · 337 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,300
Investment management$15,999
Total administrative$25,924
The Whitney M. Young, Jr. Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,432
Median for plans this size$2,416
2024$2,432 per active participant
2023$2,240 per active participant
2022$2,048 per active participant

Whitney M. Young, Jr. Health Center, Inc.'s 2024 employer contribution ran above the $2,416 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
COHNREZNICK, LLP$8,000
ACTUARIAL PENSION ANALYSTS,INC · Other services$7,999

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$25,924 · 0.21%
2023$5,675 · 0.06%
2022$3,800 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cellcarta US Holdco Inc. NY$12.9M · 0.14%
Community Access, Inc. NY$12.7M · 0.30%
Little Falls Hospital NY$12.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132922147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.