Plan Ledger DOL Form 5500 · updated monthly

Gateway Community Industries 403(B) Tda403(b)

GATEWAY COMMUNITY INDUSTRIES 403(B) TDA PLAN · KINGSTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Gateway Community Industries 403(B) Tda reported $7,944 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $962 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 0.05% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,661st of 5,648), and the 5,827th of 11,911 in health care & social assistance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,623,110
Participants with balances343
Active participants150
Employer contributions$144,266
Employee contributions$135,496
Employer contribution per active participant$962
Average account balance$28,056
Benefits paid to participants$636,539
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 343 accts · $144K emplr
2023$8.8M · 363 accts · $148K emplr
2022$7.6M · 384 accts · $141K emplr
Employer contributions to the Gateway Community Industries 403(B) Tda plan · 2024
Employer contribution per active participant$962
Median for plans this size$1,313
2024$962 per active participant
2023$936 per active participant
2022$850 per active participant

Gateway Community Industries 403(B) Tda's 2024 employer contribution ran below the $1,313 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 · 20242
VOYA RETIREMENT INS & ANNUITY CO. · Contract administrator$7,916
WELLS FARGO ADVISORS FINANCIAL NETWindirect 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$7,944 · 0.09%
2023$5,754 · 0.07%
2022$4,144 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · New York
Symphony Medical PC NY$9.8M · 0.28%
Medco Enterprises, Inc. NY$9.8M · 0.13%
Hospice of New York LLC NY$9.6M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141458757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.