Plan Ledger DOL Form 5500 · updated monthly

Gersh Academy, Inc. & All Control Group Companies401(k)

GERSH AUTISM 401(K) PLAN · HUNTINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Gersh Academy, Inc. & All Control Group Companies reported $18,561 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $111 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 1 year on file its reported administrative ratio rose from 0.39% to 1.02%. 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 (5,116th of 5,648), and 2,849th of 3,091 in educational services. In 2024, employees put in $10.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,058,467
Participants with balances100
Active participants374
Employer contributions$41,401
Employee contributions$418,902
Employer contribution per active participant$111
Average account balance$20,585
Benefits paid to participants$467,545
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2024$2.1M · 100 accts · $41K emplr
2023$1.6M · 112 accts · $19K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,467
Investment management$6,094
Total administrative$18,561
The Gersh Academy, Inc. & All Control Group Companies 401(k) match · 2024
Employer contribution per active participant$111
Median for plans this size$1,313
2024$111 per active participant
2023$67 per active participant

Gersh Academy, Inc. & All Control Group Companies's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$12,467
BANK OF AMERICA NA · Consulting · Insurance services$6,094

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history2
2024$18,561 · 1.02%
2023$6,146 · 0.39%
Same employer
Similar plansEducational Services · New York
Inner Force Tots Inc. NY$2.0M · 1.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201774665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.