Plan Ledger DOL Form 5500 · updated monthly

Guiding Eyes for the Blind403(b)

GUIDING EYES FOR THE BLIND 403(B) PLAN · YORKTOWN HEIGHTS, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Guiding Eyes for the Blind reported $38,321 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $7,139 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 0.54% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,580th-largest of 5,648 plans among New York employers on file, and the 1,083rd of 3,341 in other services. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,345,877
Participants with balances200
Active participants153
Employer contributions$1,092,259
Employee contributions$1,178,276
Employer contribution per active participant$7,139
Average account balance$96,729
Benefits paid to participants$1,377,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 200 accts · $1.1M emplr
2023$16.4M · 204 accts · $1.1M emplr
2022$13.0M · 208 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,321
Total administrative$38,321
Employer contributions to the Guiding Eyes for the Blind plan · 2024
Employer contribution per active participant$7,139
Median for plans this size$2,416
2024$7,139 per active participant
2023$7,348 per active participant
2022$6,051 per active participant

Guiding Eyes for the Blind's 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,320

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$38,321 · 0.21%
2023$98,992 · 0.67%
2022$73,510 · 0.54%
Same employer
Similar plansOther Services · New York
Breaking Ground Hdfc NY$19.5M · 0.11%
St. Nicks Alliance NY$19.4M · 0.54%
Rainforest Alliance Inc NY$18.6M · 0.14%
Center for Alternative NY$18.6M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131854606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.