Plan Ledger DOL Form 5500 · updated monthly

Church Aide of the Protestant Episcopal Church403(b)

HOME OF THE GOOD SHEPHERD RETIREMENT SAVINGS PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
1.72%

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

Church Aide of the Protestant Episcopal Church reported $14,844 in plan administrative expenses for 2024: 1.72% of average plan assets, above the peer median. Employer contributions averaged $73 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 0.62% to 1.72%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,366th of 5,648), and 11,013th of 11,911 in health care & social assistance. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 434 to 500 since 2022.

Plan summary
Net assets, end of year$871,947
Participants with balances76
Active participants500
Employer contributions$36,455
Employee contributions$103,506
Employer contribution per active participant$73
Average account balance$11,473
Benefits paid to participants$195,916
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY, BURKE & BROWN CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$872K · 76 accts · $36K emplr
2023$850K · 108 accts · $40K emplr
2022$632K · 107 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,609
Investment management$235
Total administrative$14,844
Employer contributions to the Church Aide of the Protestant Episcopal Church plan · 2024
Employer contribution per active participant$73
Median for plans this size$540
2024$73 per active participant
2023$88 per active participant

Church Aide of the Protestant Episcopal Church's 2024 employer contribution ran below the $540 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 · 20241
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Trustee$7,144

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 ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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

Administrative cost history3
2024$14,844 · 1.72%
2023$6,714 · 0.88%
2022$4,248 · 0.62%
Same employer
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Enable My Child, LTD NY$958K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.