Plan Ledger DOL Form 5500 · updated monthly

African American Planning Commission Inc.403(b)

AFRICAN AMERICAN PLANNING COMMISSION INC. 403(B) PLAN · BROOKLYN, NY · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

African American Planning Commission Inc. reported $1,530 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,875 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,638th of 5,648), and 8,407th of 11,911 in health care & social assistance. In 2023, the employer put in $11.98 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,211,441
Participants with balances399
Active participants378
Employer contributions$1,464,707
Employee contributions$122,267
Employer contribution per active participant$3,875
Average account balance$10,555
Benefits paid to participants$132,390
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.2M · 399 accts · $1.5M emplr
2022$2.5M · 359 accts · $1.1M emplr
Employer contributions to the African American Planning Commission Inc. plan · 2023
Employer contribution per active participant$3,875
Median for plans this size$1,308
2023$3,875 per active participant
2022$3,394 per active participant

African American Planning Commission Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,530 · 0.05%
2022Not separately reported
Similar plansHealth Care & Social Assistance · New York
The Fresh Air Fund NY$4.2M · 0.16%
Woodland Pond NY$4.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113305070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.