Plan Ledger DOL Form 5500 · updated monthly

Center for Alternative401(k)

CENTER FOR ALTERNATIVE SENTENCING AND EMPLOYMENT SERVICES, INC. 403(B) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Center for Alternative reported $137,328 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,594 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 0.68% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,617th-largest of 5,648 plans among New York employers on file, and the 1,110th of 3,341 in other services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,625,106
Participants with balances918
Active participants597
Employer contributions$1,548,434
Employee contributions$1,655,005
Employer contribution per active participant$2,594
Average account balance$20,289
Benefits paid to participants$1,993,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 918 accts · $1.5M emplr
2023$15.3M · 813 accts · $1.3M emplr
2022$12.0M · 763 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Investment management$137,328
Total administrative$137,328
The Center for Alternative 401(k) match · 2024
Employer contribution per active participant$2,594
Median for plans this size$2,416
2024$2,594 per active participant
2023$2,284 per active participant
2022$1,855 per active participant

Center for Alternative'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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$74,696
WILSHIRE ASSOCIATES · Named fiduciary$25,969

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$137,328 · 0.81%
2023$108,324 · 0.79%
2022$81,713 · 0.68%
Same employer
Similar plansOther Services · New York
Breaking Ground Hdfc NY$19.5M · 0.11%
St. Nicks Alliance NY$19.4M · 0.54%
Guiding Eyes for the Blind NY$19.3M · 0.21%
Rainforest Alliance Inc NY$18.6M · 0.14%
Uctie International Union NY$17.6M · 2.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132668080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.