New York › Health care and social assistance › 500 to 999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
New Horizons Resources, Inc. 403(b) Plan
Sponsored by New Horizons Resources, Inc., Pleasant Valley, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
New Horizons Resources, Inc. 403(b) Plan is a 403(b) plan sponsored by New Horizons Resources, Inc. of Pleasant Valley, New York. For the plan year ending 30 Nov 2025 it reported 588 participants, 406 of them active, and net assets of $10.7M.
Net assets came to $18,128 per participant, well below the $46,267 median for defined contribution plans with 500 to 999 participants and well below the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $2,667.
Across the filings on record, net assets went from $4.3M in 2009 to $10.7M in 2024 (up 147%), and participants from 455 to 588 (up 29%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $18,128 | $46,267 | $30,764 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $1,536 | $2,175 |
| Schedule C compensation per participant | — | $113 | $93.85 | $123 |
| Schedule C compensation, share of net assets | — | 0.25% | 0.31% | 0.26% |
| Administrative expenses per participant | $4.54 | $109 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 588 | $10.7M | $18,128 | — | $702K | $0 |
| 2023 | 541 | $9.7M | $17,900 | $326K | $646K | $0 |
| 2022 | 527 | $7.8M | $14,824 | — | $600K | $0 |
| 2021 | 512 | $7.7M | $14,998 | — | $609K | $0 |
| 2020 | 749 | $8.5M | $11,377 | — | $478K | $0 |
| 2019 | 523 | $7.8M | $14,849 | — | $379K | $0 |
| 2018 | 508 | $7.0M | $13,846 | — | $405K | $0 |
| 2017 | 459 | $6.5M | $14,163 | — | $344K | $0 |
| 2016 | 387 | $6.4M | $16,568 | — | $297K | $0 |
| 2015 | 356 | $6.7M | $18,899 | — | $281K | $0 |
| 2014 | 357 | $6.6M | $18,367 | — | $272K | $0 |
| 2013 | 360 | $6.4M | $17,897 | — | $245K | $0 |
| 2012 | 382 | $6.0M | $15,652 | — | $293K | $0 |
| 2011 | 442 | $5.2M | $11,733 | — | $319K | $0 |
| 2010 | 454 | $4.7M | $10,267 | $2,000 | $332K | $0 |
| 2009 | 455 | $4.3M | $9,490 | $2,000 | $344K | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$9,684,192
- Employer contributions—
- Participant contributions$702,002
- Rollovers and other contributions$1,304
- Total contributions$703,306
- Total income, including investment results$1,838,616
- Benefits paid$840,625
- Administrative expenses$2,667
- Total expenses$863,663
- Net income$974,953
- Net transfers$0
- Net assets, end of year$10,659,145
Participants
- Active participants406
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits177
- Participants with account balances573
- Total participants, end of year588
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$2,667
- Total administrative expenses$2,667
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$8.3M · 78.1%
- Insurance company general account$1.9M · 18.1%
- Pooled separate accounts$316K · 3.0%
- Participant loans$94K · 0.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmMengel, Metzger, Barr & Co. LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2GTotal participant-directed account plan2LCode section 403(b)(1) arrangement (annuity contracts)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 624100: Individual & Family Services.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Wsfssh 403(b) Retirement Savings Plan | West Side Federation for Senior and Supportive Housing, Inc. | 590 | $24.3M | $41,152 |
| The Rogosin Institute, Inc. Retirement Plan for Non-Union Employees | The Rogosin Institute, Inc. | 587 | $89.3M | $152,078 |
| 401(k) Profit Sharing Plan for Employees of Cortland County Community Action Program, Inc. | Cortland County Community Action Program, Inc. | 593 | $3.3M | $5,498 |
| Arcadia Management, Inc. 401(k) Plan | Arcadia Management, Inc. | 587 | $5.8M | $9,849 |
| Wca Hospital 403(b) Retirement Savings Plan | Upmc Chautauqua at Wca | 594 | $62.5M | $105,242 |
| Plaza Union 401(k) Plan | Citadel Consulting Group, LLC | 586 | $1.1M | $1,818 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is New Horizons Resources, Inc. 403(b) Plan?
588 participants at the end of the plan year ending 30 Nov 2025, of whom 406 were active employees, with net assets of $10,659,145. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does New Horizons Resources, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $2,667. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is New Horizons Resources, Inc.. The financial statements were audited by Mengel, Metzger, Barr & Co. LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 7 Aug 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-4862107, plan 001, received 7 Aug 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.