Plan Ledger DOL Form 5500 · updated monthly

Boyce Thompson Institute for Plant Research, Inc.403(b)

BOYCE THOMPSON INSTITUTE 403(B) RETIREMENT PLAN · ITHACA, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Boyce Thompson Institute for Plant Research, Inc. reported $7,273 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,575 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 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,075th-largest of 5,648 plans among New York employers on file, and the 4,434th of 11,654 in professional & technical services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has shrunk from 122 to 107 since 2022.

Plan summary
Net assets, end of year$27,503,582
Participants with balances224
Active participants107
Employer contributions$917,541
Employee contributions$786,472
Employer contribution per active participant$8,575
Average account balance$122,784
Benefits paid to participants$669,418
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 224 accts · $918K emplr
2023$23.1M · 248 accts · $884K emplr
2022$19.5M · 226 accts · $737K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,273
Total administrative$7,273
Employer contributions to the Boyce Thompson Institute for Plant Research, Inc. plan · 2024
Employer contribution per active participant$8,575
Median for plans this size$2,416
2024$8,575 per active participant
2023$7,555 per active participant
2022$6,041 per active participant

Boyce Thompson Institute for Plant Research, Inc.'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 · 20241
BENEFIT PLANS ADMINISTRATIVE SVC · Recordkeeping$7,273

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVC
2023BENEFIT PLANS ADMINISTRATIVE SVC

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

Administrative cost history3
2024$7,273 · 0.03%
2023$20,367 · 0.10%
2022$14,006 · 0.06%
Same employer
Similar plansProfessional & Technical Services · New York
Lightspeed Pos USA Inc. NY$28.3M · 0.52%
Savin Engineers, P.C. NY$28.1M · 0.07%
Pentagram Design, Inc. NY$28.0M · 0.34%
K2 Intelligence, LLC NY$27.9M · 0.27%
Oml Inc. NY$27.3M · 0.81%
Nexfirm LLC NY$27.2M · 0.80%
Tg Therapeutics, Inc. NY$26.8M · 0.03%
MARK43, Inc. NY$26.3M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131739923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.