Plan Ledger DOL Form 5500 · updated monthly

Flatiron School LLC401(k)

FLATIRON SCHOOL LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

Flatiron School LLC reported $8,510 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. 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 0.12% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,974th of 5,648), and 2,287th of 3,091 in educational services. active participation has shrunk from 349 to 106 since 2022.

Plan summary
Net assets, end of year$7,642,978
Participants with balances234
Active participants106
Employer contributions—
Employee contributions$964,644
Employer contribution per active participant—
Average account balance$32,662
Benefits paid to participants$1,946,845
Plan auditUnmodified (clean) audit opinion
AuditorJESSON, OSLIN & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 234 accts
2023$7.6M · 342 accts · $182K emplr
2022$5.4M · 416 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,954
Investment management$2,556
Total administrative$8,510
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
JOHN HANCOCK · Recordkeeping · Loan processing$8,509

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$8,510 · 0.11%
2023$7,648 · 0.12%
2022$6,067 · 0.12%
Same employer
Similar plansEducational Services · New York
A.A. World Services, Inc. NY$7.7M · 0.46%
Yeshiva of Central Queens NY$7.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823126722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.