Plan Ledger DOL Form 5500 · updated monthly

City Parks Foundation403(b)

CITY PARKS FOUNDATION 403(B) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

City Parks Foundation reported $26,274 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,179 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 3 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,981st of 5,648), and 787th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 57 to 95 since 2022.

Plan summary
Net assets, end of year$7,611,385
Participants with balances120
Active participants95
Employer contributions$112,005
Employee contributions$406,972
Employer contribution per active participant$1,179
Average account balance$63,428
Benefits paid to participants$65,201
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 120 accts · $112K emplr
2023$6.3M · 116 accts · $126K emplr
2022$5.3M · 116 accts · $108K emplr
Employer contributions to the City Parks Foundation plan · 2024
Employer contribution per active participant$1,179
Median for plans this size$1,313
2024$1,179 per active participant
2023$1,655 per active participant
2022$1,903 per active participant

City Parks Foundation's 2024 employer contribution ran below the $1,313 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
ASCENSUS · Recordkeeping$11,431
PIVOTAL FINANCIAL SERVICES · Investment advisory (plan)$10,692
THE ANGELL PENSION GROUP, INC. · Contract administrator$4,966

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$26,274 · 0.38%
2023$20,138 · 0.35%
2022$19,469 · 0.37%
Similar plansArts, Entertainment & Recreation · New York
Jackpocket LLC NY$7.8M · 0.02%
Buffalo Akg Art Museum NY$7.6M · 0.05%
The New 42ND Street, Inc. NY$7.1M · 0.65%
Atlantis Marine World LLC NY$6.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133561657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.