Plan Ledger DOL Form 5500 · updated monthly

Friends of the High Line, Inc.403(b)

FRIENDS OF THE HIGH LINE 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Friends of the High Line, Inc. reported $15,365 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,439 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 0.24% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,862nd of 5,648), and 747th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 98 to 119 since 2022.

Plan summary
Net assets, end of year$8,386,021
Participants with balances273
Active participants119
Employer contributions$409,241
Employee contributions$713,934
Employer contribution per active participant$3,439
Average account balance$30,718
Benefits paid to participants$737,716
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 273 accts · $409K emplr
2023$6.9M · 107 accts · $403K emplr
2022$5.5M · 226 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,365
Total administrative$15,365
Employer contributions to the Friends of the High Line, Inc. plan · 2024
Employer contribution per active participant$3,439
Median for plans this size$1,313
2024$3,439 per active participant
2023$3,763 per active participant
2022$3,147 per active participant

Friends of the High Line, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$15,365 · 0.20%
2023$14,230 · 0.23%
2022$13,454 · 0.24%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Adirondack Scenic, Inc. NY$8.9M · 0.48%
Jackpocket LLC NY$7.8M · 0.02%
Buffalo Akg Art Museum NY$7.6M · 0.05%
City Parks Foundation NY$7.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311734086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.