Plan Ledger DOL Form 5500 · updated monthly

Albert Einstein College of Medicine403(b)

ALBERT EINSTEIN COLLEGE OF MEDICINE 403(B) RETIREMENT INCOME PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Albert Einstein College of Medicine reported $283,916 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,521 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 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 196th-largest of 5,648 plans among New York employers on file, and the 88th of 3,091 in educational services. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 1,888 to 2,100 since 2022.

Plan summary
Net assets, end of year$593,539,686
Participants with balances2,363
Active participants2,100
Employer contributions$9,493,779
Employee contributions$15,998,758
Employer contribution per active participant$4,521
Average account balance$251,181
Benefits paid to participants$51,558,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$593.5M · 2,363 accts · $9.5M emplr
2023$544.8M · 2,264 accts · $9.5M emplr
2022$484.5M · 2,116 accts · $9.5M emplr
Administrative expenses, itemized · 2024
Investment management$290,253
Audit (IQPA)$18,750
Total administrative$283,916
The Albert Einstein College of Medicine 401(k) match · 2024
Employer contribution per active participant$4,521
Median for plans this size$4,294
2024$4,521 per active participant
2023$4,698 per active participant
2022$5,018 per active participant

Albert Einstein College of Medicine's 2024 employer contribution ran above the $4,294 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 · 20245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$238,753
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$51,500
PKF O'CONNOR DAVIES LLP · Accounting / audit$18,750
SEYFARTH SHAW LLP · Legal$8,848

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$283,916 · 0.05%
2023$263,512 · 0.05%
2022$194,243 · 0.04%
Similar plansEducational Services · New York
New York Medical College NY$719.8M · 0.04%
The New School NY$669.7M · 0.09%
College Board NY$665.5M · 0.01%
Ithaca College NY$635.3M · 0.08%
Colgate University NY$567.8M · 0.05%
Vassar College NY$550.8M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830621846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.