Access Supports for Living Inc. 401(k) Review & Grade
Access Supports for Living Inc. 403(b) Retirement Plan
Middletown, NYOther Services2,525 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$866Employer $ per active participant
$1,203Employee $ saved per active participant
0.64%Direct admin cost, % of plan assets
$55.4MNet plan assets, end of year
$30,974Average balance per account
Score breakdown
- Employer generosity23.2 / 5046th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 9th |
| Employee saving | 22th |
| Peers that auto-enroll | 45% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Access Supports for Living put in about $866 per active participant, below the typical peer ($1,132). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.64% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,186,657 |
| Participant (employee) contributions | $3,036,536 |
| Other contributions (incl. rollovers in) | $284,902 |
| Administrative expenses paid from the plan | $336,979 |
| Contract administrator fees | $336,979 |
| Benefits paid out | $5,850,189 |
| Net assets, start / end of year | $49.8M / $55.4M |
| Active participants, start / end of year | 2,439 / 2,611 |
| Participants with account balances | 1,789 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bonadio & Co., LLP |
Largest service providers (Schedule C)
| Empower Life & Annuity Insurance Co | $278,311 reported compensation |
| Alliancebernstein LP | $84,839 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015084825NAL0002122531002, received 2025-10-15, EIN 14-1471097, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.