Plan Ledger DOL Form 5500 · updated monthly

Conference on Jewish Material Claims Against Germany, Inc401(k)

CLAIMS CONFERENCE 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Conference on Jewish Material Claims Against Germany, Inc reported $72,120 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,230 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 0.48% to 0.52%. 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 among the smaller plans on file in New York (2,916th of 5,648), and the 1,271st of 3,341 in other services. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 142 to 165 since 2022.

Plan summary
Net assets, end of year$15,419,229
Participants with balances157
Active participants165
Employer contributions$532,939
Employee contributions$1,162,230
Employer contribution per active participant$3,230
Average account balance$98,212
Benefits paid to participants$336,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 157 accts · $533K emplr
2023$12.4M · 150 accts · $448K emplr
2022$9.5M · 128 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,637
Investment management$3,483
Total administrative$72,120
The Conference on Jewish Material Claims Against Germany, Inc 401(k) match · 2024
Employer contribution per active participant$3,230
Median for plans this size$2,416
2024$3,230 per active participant
2023$2,819 per active participant
2022$1,423 per active participant

Conference on Jewish Material Claims Against Germany, Inc'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 · 20243
MAGII PENSION SERVICES, LLC · Contract administrator$46,942
EMPOWER ADVISORY GROUP, LLC · Investment management$3,483

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$72,120 · 0.52%
2023$54,601 · 0.50%
2022$47,587 · 0.48%
Same employer
Similar plansOther Services · New York
Scenic Hudson, Inc NY$15.8M · 0.24%
New York Film Academy, LTD. NY$15.8M · 0.63%
Accesscny, Inc. NY$15.8M · 0.79%
Jawonio, Inc. NY$15.4M · 1.11%
Per Scholas Inc NY$13.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131677841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.