Plan Ledger DOL Form 5500 · updated monthly

Harlem Village Academy Charter School403(b)

HARLEM VILLAGE ACADEMY CHARTER SCHOOL 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Harlem Village Academy Charter School reported $107,845 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,076 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 3 years on file its reported administrative ratio has held roughly steady near 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (2,861st of 5,648), and 1,767th of 3,091 in educational services. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,956,404
Participants with balances353
Active participants198
Employer contributions$411,009
Employee contributions$957,419
Employer contribution per active participant$2,076
Average account balance$45,202
Benefits paid to participants$1,619,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 353 accts · $411K emplr
2023$13.9M · 370 accts · $444K emplr
2022$11.7M · 390 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,845
Total administrative$107,845
Employer contributions to the Harlem Village Academy Charter School plan · 2024
Employer contribution per active participant$2,076
Median for plans this size$2,416
2024$2,076 per active participant
2023$2,350 per active participant
2022$2,044 per active participant

Harlem Village Academy Charter School's 2024 employer contribution ran below the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$112,646
ROCKEFELLER CAPITAL MANAGEMENT · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE 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$107,845 · 0.72%
2023$89,710 · 0.70%
2022$93,230 · 0.70%
Similar plansEducational Services · New York
Fred S. Keller School NY$16.5M · 0.59%
Cam-Held Enterprises, Inc. NY$15.6M · 0.45%
Prep for Prep NY$15.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223880680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.