Plan Ledger DOL Form 5500 · updated monthly

Albany Law School403(b)

ALBANY LAW SCHOOL RETIREMENT PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Albany Law School reported $48,268 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,006 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 3 years on file its reported administrative ratio has held roughly steady near 0.056%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 875th-largest of 5,648 plans among New York employers on file, and the 587th of 3,091 in educational services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has shrunk from 128 to 107 since 2022.

Plan summary
Net assets, end of year$89,453,251
Participants with balances402
Active participants107
Employer contributions$642,622
Employee contributions$957,682
Employer contribution per active participant$6,006
Average account balance$222,521
Benefits paid to participants$5,219,524
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.5M · 402 accts · $643K emplr
2023$83.6M · 399 accts · $597K emplr
2022$76.6M · 416 accts · $537K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,689
Total administrative$48,268
Employer contributions to the Albany Law School plan · 2024
Employer contribution per active participant$6,006
Median for plans this size$3,635
2024$6,006 per active participant
2023$4,741 per active participant
2022$4,198 per active participant

Albany Law School's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA · Recordkeeping · Custodial$30,689
VALIC · Custodial$17,579

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$48,268 · 0.06%
2023$45,374 · 0.06%
2022$47,620 · 0.06%
Same employer
Similar plansEducational Services · New York
Kipp Nyc, LLC NY$94.6M · 0.18%
Tntp, Inc. NY$87.1M · 0.20%
The Windward School NY$87.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.