Plan Ledger DOL Form 5500 · updated monthly

American Society for Technion- Israel Institute of Technology, Inc403(b)

AMERICAN SOCIETY FOR TECHNION DEFINED CONTRIBUTION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

American Society for Technion- Israel Institute of Technology, Inc reported $62,675 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,346 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 0.116% to 0.122%. 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 1,315th-largest of 5,648 plans among New York employers on file, and the 877th of 3,091 in educational services. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,772,910
Participants with balances228
Active participants66
Employer contributions$550,848
Employee contributions$902,345
Employer contribution per active participant$8,346
Average account balance$231,460
Benefits paid to participants$4,429,668
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.8M · 228 accts · $551K emplr
2023$49.7M · 240 accts · $542K emplr
2022$44.0M · 250 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,279
Investment management$33,396
Total administrative$62,675
Employer contributions to the American Society for Technion- Israel Institute of Technology, Inc plan · 2024
Employer contribution per active participant$8,346
Median for plans this size$3,635
2024$8,346 per active participant
2023$7,741 per active participant
2022$6,113 per active participant

American Society for Technion- Israel Institute of Technology, Inc'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 · 20242
TIAA · Recordkeeping · Pension consulting$29,279
FIDUCIENT ADVISORS, LLC · Investment management$33,396

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$62,675 · 0.12%
2023$54,161 · 0.12%
2022$55,772 · 0.12%
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The Hewitt School NY$52.7M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 130434195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.