Plan Ledger DOL Form 5500 · updated monthly

Archbishop Molloy High School403(b)

ARCHBISHOP MOLLOY HIGH SCHOOL 403(B) PLAN · BRIARWOOD, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Archbishop Molloy High School reported $93,986 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $7,798 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,728th-largest of 5,648 plans among New York employers on file, and the 1,148th of 3,091 in educational services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,209,577
Participants with balances151
Active participants115
Employer contributions$896,812
Employee contributions$895,808
Employer contribution per active participant$7,798
Average account balance$239,799
Benefits paid to participants$2,298,984
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.2M · 151 accts · $897K emplr
2023$31.2M · 149 accts · $864K emplr
2022$25.3M · 145 accts · $808K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,447
Investment management$44,489
Audit (IQPA)$16,050
Total administrative$93,986
Employer contributions to the Archbishop Molloy High School plan · 2024
Employer contribution per active participant$7,798
Median for plans this size$2,416
2024$7,798 per active participant
2023$7,645 per active participant
2022$7,215 per active participant

Archbishop Molloy High School's 2024 employer contribution ran above the $2,416 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 · 20244
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$27,739
FIDELITY INVESTMENTS · Recordkeeping$5,708
SENTINEL PENSION ADVISORS · Investment advisory (plan)$44,489
PKF O'CONNOR DAVIES, LLP · Accounting / audit$16,050

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

Recordkeeper by year2
2024Fidelity, Sentinel Group
2023Fidelity, Sentinel Group

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

Administrative cost history3
2024$93,986 · 0.28%
2023$79,973 · 0.28%
2022$77,708 · 0.27%
Similar plansEducational Services · New York
The Albany Academies NY$37.0M · 0.12%
Cazenovia College NY$36.2M · 0.04%
Hilbert College NY$36.0M · 0.14%
The Harley School NY$35.6M · 0.06%
Tpr Education, LLC NY$35.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111848825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.