Planned Parenthood of Greater Ny 401(k) Review & Grade
Ppfa Retirement Plan · d/b/a Planned Parenthood of Greater Ny
New York, NYHealth Care & Social Assistance535 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,886Employer $ per active participant
$4,584Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$53.8MNet plan assets, end of year
$57,009Average balance per account
Score breakdown
- Employer generosity41.0 / 5082th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1574th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 63th |
| Employee saving | 74th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Planned Parenthood of Greater Ny put in about $2,886 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,544,134 |
| Participant (employee) contributions | $2,452,535 |
| Other contributions (incl. rollovers in) | $531,419 |
| Administrative expenses paid from the plan | $75,455 |
| Investment advisory & management fees | $11,344 |
| Other admin expenses | $63,386 |
| Benefits paid out | $4,359,510 |
| Net assets, start / end of year | $47.3M / $53.8M |
| Active participants, start / end of year | 456 / 614 |
| Participants with account balances | 944 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron Bletzer |
Largest service providers (Schedule C)
| Strategic Advisors | $11,344 reported compensation |
| Fidelity Investments | $725 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260603074606NAL0001772562001, received 2026-06-03, EIN 13-2621497, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.