Plan Ledger DOL Form 5500 · updated monthly

Global Poverty Project, Inc.403(b)

GLOBAL CITIZEN 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Global Poverty Project, Inc. reported $36,923 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $3,483 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 0.92% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,378th of 5,648), and 2,223rd of 3,341 in other services. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,526,637
Participants with balances130
Active participants85
Employer contributions$296,023
Employee contributions$593,449
Employer contribution per active participant$3,483
Average account balance$42,513
Benefits paid to participants$790,958
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 130 accts · $296K emplr
2023$4.8M · 132 accts · $274K emplr
2022$3.7M · 132 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,923
Total administrative$36,923
Employer contributions to the Global Poverty Project, Inc. plan · 2024
Employer contribution per active participant$3,483
Median for plans this size$1,313
2024$3,483 per active participant
2023$3,345 per active participant
2022$3,108 per active participant

Global Poverty Project, 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,922
AURORA PRIVATE WEALTH, INC. · Investment advisory (plan)indirect comp
CETERA ADVISORS LLC · Investment advisory (plan)indirect 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$36,923 · 0.72%
2023$40,474 · 0.95%
2022$34,918 · 0.92%
Similar plansOther Services · New York
United Way of New York NY$5.9M · 0.29%
St. Anne Institute NY$5.6M · 0.90%
Northside Collision, Inc. NY$5.5M · 0.50%
Scott Miller Salon NY$5.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421772557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.