Plan Ledger DOL Form 5500 · updated monthly

American Management Association403(b)

AMERICAN MANAGEMENT ASSOCIATION SAVINGS & INVESTMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

American Management Association reported $72,237 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,198 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 0.01% to 0.10%. 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 982nd-largest of 5,648 plans among New York employers on file, and the 671st of 3,091 in educational services. In 2024, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,462,065
Participants with balances268
Active participants127
Employer contributions$152,153
Employee contributions$825,223
Employer contribution per active participant$1,198
Average account balance$285,306
Benefits paid to participants$6,813,212
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.5M · 268 accts · $152K emplr
2023$69.8M · 284 accts · $152K emplr
2022$60.8M · 298 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,738
Investment management$46,354
Audit (IQPA)$22,145
Total administrative$72,237
Employer contributions to the American Management Association plan · 2024
Employer contribution per active participant$1,198
Median for plans this size$3,635
2024$1,198 per active participant
2023$1,185 per active participant
2022$1,175 per active participant

American Management Association's 2024 employer contribution ran below the $3,635 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 · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$45,944
GRANT THORNTON LLP · Accounting / audit$22,145
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,738

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$72,237 · 0.10%
2023$79,877 · 0.12%
2022$4,641 · 0.01%
Same employer
Similar plansEducational Services · New York
Allen-Stevenson School NY$79.5M · 0.07%
Lycee Francais de New York NY$79.4M · 0.04%
Grace Church School NY$75.3M · 0.10%
The Berkeley Carroll School NY$74.7M · 0.00%
Saint David's School NY$73.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237259445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.