Plan Ledger DOL Form 5500 · updated monthly

Association to Benefit Children403(b)

ASSOCIATION TO BENEFIT CHILDREN 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Association to Benefit Children reported $80,147 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,180 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 0.51% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,618th-largest of 5,648 plans among New York employers on file, and the 3,877th of 11,911 in health care & social assistance. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,617,774
Participants with balances346
Active participants303
Employer contributions$357,479
Employee contributions$881,459
Employer contribution per active participant$1,180
Average account balance$53,809
Benefits paid to participants$534,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 346 accts · $357K emplr
2023$16.0M · 323 accts · $335K emplr
2022$14.3M · 311 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,147
Total administrative$80,147
Employer contributions to the Association to Benefit Children plan · 2024
Employer contribution per active participant$1,180
Median for plans this size$2,416
2024$1,180 per active participant
2023$1,149 per active participant
2022$1,053 per active participant

Association to Benefit Children's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$80,146
RESOURCES INVESTMENT ADVISORS · 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$80,147 · 0.46%
2023$65,236 · 0.43%
2022$68,513 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · New York
Prine Health Medical Group NY$18.9M · 0.42%
Positive Beginnings, Inc. NY$18.7M · 0.17%
Sachem Dental Group, LLP NY$18.7M · 0.56%
Orleans Community Health NY$18.4M · 0.28%
Urban Resource Institute NY$18.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133303089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.