Plan Ledger DOL Form 5500 · updated monthly

34TH Street Partnership, Inc.403(b)

TAX DEFERRED SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

34TH Street Partnership, Inc. reported $56,173 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,335 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 rose from 0.27% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,640th-largest of 5,648 plans among New York employers on file, and the 721st of 2,096 in real estate & leasing. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,349,782
Participants with balances473
Active participants269
Employer contributions$359,188
Employee contributions$1,103,658
Employer contribution per active participant$1,335
Average account balance$38,794
Benefits paid to participants$1,244,872
Plan auditUnmodified (clean) audit opinion
AuditorGRUBER PALUMERI RAFFAELE FRIED, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 473 accts · $359K emplr
2023$15.9M · 404 accts · $336K emplr
2022$13.5M · 357 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,823
Total administrative$56,173
Employer contributions to the 34TH Street Partnership, Inc. plan · 2024
Employer contribution per active participant$1,335
Median for plans this size$2,416
2024$1,335 per active participant
2023$1,474 per active participant
2022$1,245 per active participant

34TH Street Partnership, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$56,173

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$56,173 · 0.33%
2023$45,531 · 0.31%
2022$42,162 · 0.27%
Similar plansReal Estate & Leasing · New York
S.W. Management LLC NY$19.5M · 0.05%
Tri City Rentals LLC NY$19.1M · 0.03%
Rockrose Development, LLC NY$18.2M · 0.13%
Postworks New York, LLC NY$17.4M · 0.12%
Gotham Operations, LLC NY$17.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133629973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.