Plan Ledger DOL Form 5500 · updated monthly

Doris Duke Management Foundation401(k)

DORIS DUKE MANAGEMENT FOUNDATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Doris Duke Management Foundation reported $60,826 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,115 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 0.09% to 0.12%. 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 the 1,363rd-largest of 5,648 plans among New York employers on file, and the 426th of 3,341 in other services. In 2024, the employer put in $2.95 for every $1.00 employees contributed themselves; active participation has shrunk from 134 to 116 since 2022.

Plan summary
Net assets, end of year$50,297,566
Participants with balances287
Active participants116
Employer contributions$2,101,359
Employee contributions$712,012
Employer contribution per active participant$18,115
Average account balance$175,253
Benefits paid to participants$7,160,988
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.3M · 287 accts · $2.1M emplr
2023$48.4M · 285 accts · $1.9M emplr
2022$42.4M · 307 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,826
Total administrative$60,826
The Doris Duke Management Foundation 401(k) match · 2024
Employer contribution per active participant$18,115
Median for plans this size$2,416
2024$18,115 per active participant
2023$16,130 per active participant
2022$13,631 per active participant

Doris Duke Management Foundation's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,699
THE ANGELL PENSION GROUP, INC. · Other servicesindirect 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$60,826 · 0.12%
2023$44,718 · 0.10%
2022$42,938 · 0.09%
Same employer
Similar plansOther Services · New York
Jewish National Fund, Inc. NY$46.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134008718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.