Plan Ledger DOL Form 5500 · updated monthly

Yedei Chesed403(b)

YEDEI CHESED TAX DEFERRED ANNUITY RETIREMENT PLAN · CHESTNUT RIDGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Yedei Chesed reported $19,225 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $64 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 1 year on file its reported administrative ratio rose from 0.01% to 0.78%. 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 (4,999th of 5,648), and 9,559th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 1,449 to 1,612 since 2022.

Plan summary
Net assets, end of year$2,595,707
Participants with balances121
Active participants1,612
Employer contributions$103,879
Employee contributions$158,110
Employer contribution per active participant$64
Average account balance$21,452
Benefits paid to participants$211,440
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 121 accts · $104K emplr
2023$2.3M · 182 accts · $59K emplr
2022$1.9M · 176 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,100
Total administrative$19,225
Employer contributions to the Yedei Chesed plan · 2024
Employer contribution per active participant$64
Median for plans this size$1,313
2024$64 per active participant
2023$41 per active participant
2022$31 per active participant

Yedei Chesed's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,509
GWN SECURITIES, INC. · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS, LLC · Investment advisory (plan)indirect 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$19,225 · 0.78%
2023$150 · 0.01%
2022Not separately reported
Similar plansHealth Care & Social Assistance · New York
Rochester Friendly Home NY$2.7M · 0.89%
Family of Woodstock, Inc. NY$2.6M · 1.40%
Skyview Choice, LLC NY$2.6M · 0.89%
Epilepsy-Pralid, Inc. NY$2.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133728771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.