Plan Ledger DOL Form 5500 · updated monthly

Wraparound Services of the Hudson ValleyProfit-sharing plan

WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLAN · LAKE KATRINE, NY · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Wraparound Services of the Hudson Valley reported $38,557 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $2,037 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 fell from 0.84% to 0.67%. 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 (4,278th of 5,648), and 7,315th of 11,911 in health care & social assistance. active participation has grown from 146 to 176 since 2022.

Plan summary
Net assets, end of year$6,053,888
Participants with balances206
Active participants176
Employer contributions$358,448
Employee contributions—
Employer contribution per active participant$2,037
Average account balance$29,388
Benefits paid to participants$427,443
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 206 accts · $358K emplr
2023$5.5M · 302 accts · $523K emplr
2022$4.6M · 285 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,953
Investment management$17,604
Total administrative$38,557
Employer contributions to the Wraparound Services of the Hudson Valley plan · 2024
Employer contribution per active participant$2,037
Median for plans this size$1,313
2024$2,037 per active participant
2023$3,466 per active participant
2022$2,707 per active participant

Wraparound Services of the Hudson Valley's 2024 employer contribution ran above 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 · 20243
BPAS, INC. · Custodial (securities) · Loan processing$20,601
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$3,866
FOCUSED WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$14,090

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

Recordkeeper by year2
2024BPAS, INC., Newport (Ascensus)
2023Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left Wraparound Services of the Hudson Valley before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,557 · 0.67%
2023$42,377 · 0.84%
2022$41,952 · 0.84%
All plans at this employer2
WRAPAROUND SERVICES OF THE HUDSON VALLEY 403(B) PLAN403(b)
WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLANProfit-sharing plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 141377518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.