Plan Ledger DOL Form 5500 · updated monthly

Asia Society403(b)

ASIA SOCIETY 403(B) DEFINED CONTRIBUTION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Asia Society reported $47,384 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,652 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 0.05% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,232nd-largest of 5,648 plans among New York employers on file, and the 369th of 3,341 in other services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 96 to 132 since 2022.

Plan summary
Net assets, end of year$58,110,350
Participants with balances515
Active participants132
Employer contributions$614,095
Employee contributions$891,162
Employer contribution per active participant$4,652
Average account balance$112,836
Benefits paid to participants$2,878,897
Plan auditUnmodified (clean) audit opinion
AuditorDORFMAN ABRAMS MUSIC LLC
Plan history3
Yearassets · accounts · employer contribution
2024$58.1M · 515 accts · $614K emplr
2023$52.6M · 390 accts · $551K emplr
2022$46.2M · 483 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,954
Total administrative$47,384
Employer contributions to the Asia Society plan · 2024
Employer contribution per active participant$4,652
Median for plans this size$3,635
2024$4,652 per active participant
2023$4,375 per active participant
2022$5,198 per active participant

Asia Society's 2024 employer contribution ran above the $3,635 median for plans its size. 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
TIAA · Recordkeeping · Custodial (securities)$3,590
DORFMAN ABRAMS MUSIC LLC · Accounting / audit$26,000
CAPFINANIAL PARTNERS LLC · Consulting · Investment advisory (plan)$6,250

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$47,384 · 0.09%
2023$23,799 · 0.05%
2022$23,824 · 0.05%
Same employer
Similar plansOther Services · New York
Procare Mso, LLC NY$66.6M · 0.39%
Posillico Civil, Inc. NY$66.0M · 0.25%
Anti-Defamation League NY$58.6M · 0.16%
Ardian US LLC NY$57.2M · 0.13%
Olo Inc. NY$56.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133234632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.