Plan Ledger DOL Form 5500 · updated monthly

Developmental Disabilities Institute, Inc.403(b)

DEVELOPMENTAL DISABILITIES INSTITUTE, INC. 403(B) PLAN · SMITHTOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Developmental Disabilities Institute, Inc. reported $183,198 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,574 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 0.64% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,385th-largest of 5,648 plans among New York employers on file, and the 935th of 3,091 in educational services. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves; active participation has grown from 2,096 to 2,315 since 2022.

Plan summary
Net assets, end of year$48,680,043
Participants with balances2,323
Active participants2,315
Employer contributions$3,644,635
Employee contributions$2,137,842
Employer contribution per active participant$1,574
Average account balance$20,956
Benefits paid to participants$3,431,074
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.7M · 2,323 accts · $3.6M emplr
2023$40.9M · 1,982 accts
2022$37.9M · 2,693 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,424
Investment management$120,774
Total administrative$183,198
Employer contributions to the Developmental Disabilities Institute, Inc. plan · 2024
Employer contribution per active participant$1,574
Median for plans this size$2,416
2024$1,574 per active participant
2022$564 per active participant

Developmental Disabilities Institute, Inc.'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 · 20241

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$183,198 · 0.41%
2023$252,486 · 0.64%
2022$259,358 · 0.64%
Same employer
Similar plansEducational Services · New York
Russell Sage Foundation NY$50.7M · 0.02%
The Browning School NY$50.2M · 0.13%
World Economic Forum LLC NY$49.3M · 0.05%
The League School NY$46.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 116077347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.