Plan Ledger DOL Form 5500 · updated monthly

Advantage Testing, Inc.401(k)

ADVANTAGE TESTING, INC.401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Advantage Testing, Inc. reported $4,443 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $451 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,681st-largest of 5,648 plans among New York employers on file, and the 1,111th of 3,091 in educational services. In 2024, employees put in $11.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,610,730
Participants with balances278
Active participants297
Employer contributions$133,934
Employee contributions$1,568,968
Employer contribution per active participant$451
Average account balance$135,290
Benefits paid to participants$2,063,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 278 accts · $134K emplr
2023$33.0M · 273 accts · $137K emplr
2022$26.5M · 257 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,443
Total administrative$4,443
The Advantage Testing, Inc. 401(k) match · 2024
Employer contribution per active participant$451
Median for plans this size$2,416
2024$451 per active participant
2023$400 per active participant
2022$454 per active participant

Advantage Testing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
THE VANGUARD GROUP INC. · Recordkeeping · Loan processing$4,443
ASCENSUS LLC · Recordkeepingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,443 · 0.01%
2023$4,153 · 0.01%
2022$4,480 · 0.02%
Same employer
Similar plansEducational Services · New York
Portledge School NY$38.1M · 0.05%
Birch Wathen Lenox School NY$38.0M · 0.08%
The Albany Academies NY$37.0M · 0.12%
Cazenovia College NY$36.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133361301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.