Plan Ledger DOL Form 5500 · updated monthly

Community Service Society of New York403(b)

COMMUNITY SERVICE SOCIETY OF NEW YORK 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Community Service Society of New York reported $55,862 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,940 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 0.46% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (2,940th of 5,648), and the 4,431st of 11,911 in health care & social assistance. In 2024, employees put in $4.84 for every $1.00 the employer contributed; active participation has shrunk from 138 to 120 since 2022.

Plan summary
Net assets, end of year$15,272,149
Participants with balances163
Active participants120
Employer contributions$232,848
Employee contributions$1,126,900
Employer contribution per active participant$1,940
Average account balance$93,694
Benefits paid to participants$1,723,616
Plan auditUnmodified (clean) audit opinion
AuditorDORFMAN ABRAMS MUSIC, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 163 accts · $233K emplr
2023$13.8M · 159 accts · $206K emplr
2022$11.4M · 143 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,953
Investment management$39,909
Total administrative$55,862
Employer contributions to the Community Service Society of New York plan · 2024
Employer contribution per active participant$1,940
Median for plans this size$2,416
2024$1,940 per active participant
2023$1,354 per active participant
2022$1,337 per active participant

Community Service Society of New York's 2024 employer contribution ran below 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 · 20244
CORNERSTONE ADVISORS ASSET MGMT · Investment advisory (plan)$39,902
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,589
PENTEGRA SERVICES INC. · Contract administrator · Other services$3,220
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$55,862 · 0.38%
2023$55,406 · 0.44%
2022$58,087 · 0.46%
Similar plansHealth Care & Social Assistance · New York
Spear Physical Therapy PLLC NY$15.3M · 0.43%
Ncn Management LLC NY$15.2M · 0.57%
Acmh, Inc. NY$15.2M · 0.60%
New Hope Community, Inc. NY$15.2M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.