Plan Ledger DOL Form 5500 · updated monthly

Development Corporation for Israel401(k)

DEVELOPMENT CORPORATION FOR ISRAEL 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Development Corporation for Israel reported $78,087 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,556 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 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,162nd-largest of 5,648 plans among New York employers on file, and the 1,408th of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,896,047
Participants with balances232
Active participants165
Employer contributions$1,246,801
Employee contributions$1,903,404
Employer contribution per active participant$7,556
Average account balance$271,104
Benefits paid to participants$4,469,669
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 232 accts · $1.2M emplr
2023$55.3M · 232 accts · $1.1M emplr
2022$48.5M · 227 accts · $1.2M emplr
The Development Corporation for Israel 401(k) match · 2024
Employer contribution per active participant$7,556
Median for plans this size$3,635
2024$7,556 per active participant
2023$7,155 per active participant
2022$7,061 per active participant

Development Corporation for Israel's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$23,407
EISNER AMPER LLP$27,581
RAYMOND JAMES ASSOCIATES INC.$27,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$78,087 · 0.13%
2023$74,507 · 0.14%
2022$85,406 · 0.16%
Same employer
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Bank Hapoalim B.M. NY$64.1M · 0.27%
Blue Owl Capital LP NY$63.1M · 0.20%
Safehold Inc. NY$63.0M · 0.07%
Kps Capital Partners, LP NY$63.0M · 0.00%
Goldberg Lindsay & Co. LLC NY$61.8M · 0.14%
The National Australia Bank NY$61.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135639495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.