Plan Ledger DOL Form 5500 · updated monthly

American Friends of the Hebrew University, Inc.403(b)

AMERICAN FRIENDS OF THE HEBREW UNIVERSITY 403(B) DC AND 403(B) TDA PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

American Friends of the Hebrew University, Inc. reported $33,127 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,372 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 0.13% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 2,008th-largest of 5,648 plans among New York employers on file, and the 1,317th of 3,091 in educational services. In 2023, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,892,023
Participants with balances199
Active participants53
Employer contributions$443,724
Employee contributions$581,308
Employer contribution per active participant$8,372
Average account balance$145,186
Benefits paid to participants$1,259,298
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 196 accts · $426K emplr
2023$28.9M · 199 accts · $444K emplr
2022$25.4M · 208 accts · $427K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,127
Total administrative$33,127
Employer contributions to the American Friends of the Hebrew University, Inc. plan · 2023
Employer contribution per active participant$8,372
Median for plans this size$2,440
2024$8,515 per active participant
2023$8,372 per active participant
2022$8,373 per active participant

American Friends of the Hebrew University, Inc.'s 2023 employer contribution ran above the $2,440 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.

Service providers · 20231
TIAA · Investment advisory (plan)$33,277

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$59,809 · 0.21%
2023$33,127 · 0.12%
2022$36,068 · 0.13%
Similar plansEducational Services · New York
Trudeau Institute, Inc. NY$29.9M · 0.09%
Birch Family Services, Inc. NY$26.7M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131568923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.