Plan Ledger DOL Form 5500 · updated monthly

American National Standards Institute403(b)

THE AMERICAN NATIONAL STANDARDS INSTITUTE TAX DEFERRED ANNUITY PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

American National Standards Institute reported $156,200 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,601 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 fell from 0.50% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,126th-largest of 5,648 plans among New York employers on file, and the 2,203rd of 11,654 in professional & technical services. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,052,984
Participants with balances274
Active participants222
Employer contributions$1,687,466
Employee contributions$2,869,555
Employer contribution per active participant$7,601
Average account balance$237,420
Benefits paid to participants$2,879,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 274 accts · $1.7M emplr
2023$56.8M · 268 accts · $1.5M emplr
2022$45.8M · 256 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,924
Investment management$139,276
Total administrative$156,200
Employer contributions to the American National Standards Institute plan · 2024
Employer contribution per active participant$7,601
Median for plans this size$3,635
2024$7,601 per active participant
2023$7,116 per active participant
2022$6,754 per active participant

American National Standards Institute's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$15,280
GLOBAL RETIREMENT PARTNERS · Consulting · Insurance services$106,508
CAMBRIDGE INVESTMENT RESEARCH · Consulting · Insurance services$32,768

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$156,200 · 0.26%
2023$87,002 · 0.17%
2022$241,938 · 0.50%
Same employer
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Lumsden & McCormick, LLP NY$66.4M · 0.00%
Itn Holdings, LLC NY$66.3M · 0.10%
The Conference Board, Inc. NY$65.3M · 0.10%
McLaughlin & Stern, LLP NY$65.1M · 0.02%
Seatgeek Inc. NY$64.9M · 0.37%
Mdrc NY$64.8M · 0.13%
Erdman Anthony NY$64.3M · 0.13%
Dayton T. Brown Inc. NY$64.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131635253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.