Plan Ledger DOL Form 5500 · updated monthly

Asian Americans for Equality, Inc.403(b)

ASIAN AMERICANS FOR EQUALITY, INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.47%

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

Asian Americans for Equality, Inc. reported $89,536 in plan administrative expenses for 2024: 1.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,620 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 1.20% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (4,094th of 5,648), and 1,346th of 2,096 in real estate & leasing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 125 to 140 since 2022.

Plan summary
Net assets, end of year$6,935,266
Participants with balances254
Active participants140
Employer contributions$366,774
Employee contributions$921,205
Employer contribution per active participant$2,620
Average account balance$27,304
Benefits paid to participants$263,367
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 254 accts · $367K emplr
2023$5.3M · 231 accts · $276K emplr
2022$3.4M · 3 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,536
Total administrative$89,536
Employer contributions to the Asian Americans for Equality, Inc. plan · 2024
Employer contribution per active participant$2,620
Median for plans this size$1,313
2024$2,620 per active participant
2023$1,984 per active participant
2022$1,832 per active participant

Asian Americans for Equality, Inc.'s 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE CO. · Contract administrator · Loan processing$89,536
PRINCIPAL SECURITIES INC. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$89,536 · 1.47%
2023$34,029 · 0.78%
2022$39,228 · 1.20%
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Source: U.S. Department of Labor, Form 5500 series, EIN 133187792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.