Plan Ledger DOL Form 5500 · updated monthly

Canisius High School401(k)

CANISIUS HIGH SCHOOL 401(K) RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Canisius High School reported $8,911 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,828 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 0.08% to 0.06%. 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 among the smaller plans on file in New York (3,027th of 5,648), and 1,837th of 3,091 in educational services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,429,364
Participants with balances111
Active participants89
Employer contributions$340,725
Employee contributions$398,813
Employer contribution per active participant$3,828
Average account balance$129,994
Benefits paid to participants$1,093,043
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 111 accts · $341K emplr
2023$13.3M · 109 accts · $344K emplr
2022$10.8M · 107 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,911
Total administrative$8,911
The Canisius High School 401(k) match · 2024
Employer contribution per active participant$3,828
Median for plans this size$2,416
2024$3,828 per active participant
2023$3,817 per active participant
2022$3,619 per active participant

Canisius High School's 2024 employer contribution ran above the $2,416 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
MML INVESTORS SERVICES LLCindirect comp
RIMKUS, MARCIANO & ASSOCIATES, INC. · Other servicesindirect comp
VOYA RETIREMENT INS AND ANNUITY CO · Other servicesindirect 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$8,911 · 0.06%
2023$7,759 · 0.06%
2022$8,379 · 0.08%
Similar plansEducational Services · New York
Ascend Learning, Inc. NY$14.7M · 0.10%
El Education Inc NY$14.6M · 0.05%
Zearn NY$14.4M · 0.09%
Integrative Nutrition, LLC NY$14.3M · 0.16%
Edukids, Inc. NY$14.1M · 0.72%
The Academy Charter School NY$14.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.