Plan Ledger DOL Form 5500 · updated monthly

Catalyst Inc.403(b)

CATALYST INC. 403(B) DEFINED CONTRIBUTION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Catalyst Inc. reported $87,919 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $10,462 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 0.02% to 0.31%. 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 the 1,833rd-largest of 5,648 plans among New York employers on file, and the 1,208th of 3,091 in educational services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has shrunk from 81 to 66 since 2022.

Plan summary
Net assets, end of year$33,270,574
Participants with balances207
Active participants66
Employer contributions$690,509
Employee contributions$427,360
Employer contribution per active participant$10,462
Average account balance$160,727
Benefits paid to participants$1,936,540
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 207 accts · $691K emplr
2023$23.9M · 200 accts · $824K emplr
2022$20.7M · 207 accts · $845K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,919
Total administrative$87,919
Employer contributions to the Catalyst Inc. plan · 2024
Employer contribution per active participant$10,462
Median for plans this size$2,416
2024$10,462 per active participant
2023$10,839 per active participant
2022$10,437 per active participant

Catalyst 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 · 20244
CATALYST INC$56,200
CBIZ CPAS P.C. · Accounting / audit$20,000
CAPFINANCIAL PARTNERS · Investment advisory (plan)$6,125
TIAA · Contract administrator$4,188

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$87,919 · 0.31%
2023$5,749 · 0.03%
2022$4,668 · 0.02%
Similar plansEducational Services · New York
North Shore Hebrew Academy NY$34.4M · 0.11%
Trinity-Pawling School NY$33.7M · 0.15%
Millbrook School NY$33.7M · 0.14%
The Viscardi Center, Inc. NY$33.2M · 0.05%
Alliance University NY$33.0M · 0.00%
The Summit Center Inc. NY$32.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131992402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.