Plan Ledger DOL Form 5500 · updated monthly

Hebrew Academy of Nassau County403(b)

HEBREW ACADEMY OF NASSAU COUNTY DEFINED CONTRIBUTION PLAN · WEST HEMPSTEAD, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Hebrew Academy of Nassau County reported $19,150 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,694 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 0.09% to 0.05%. 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 the 1,674th-largest of 5,648 plans among New York employers on file, and the 1,108th of 3,091 in educational services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has shrunk from 143 to 126 since 2022.

Plan summary
Net assets, end of year$37,816,888
Participants with balances297
Active participants126
Employer contributions$339,492
Employee contributions$666,712
Employer contribution per active participant$2,694
Average account balance$127,330
Benefits paid to participants$3,361,810
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.8M · 297 accts · $339K emplr
2023$35.7M · 295 accts · $310K emplr
2022$32.0M · 292 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Investment management$18,750
Total administrative$19,150
Employer contributions to the Hebrew Academy of Nassau County plan · 2024
Employer contribution per active participant$2,694
Median for plans this size$2,416
2024$2,694 per active participant
2023$2,150 per active participant
2022$2,161 per active participant

Hebrew Academy of Nassau County's 2024 employer contribution ran above 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 · 20242
TIAA · Recordkeeping · Pension consulting$400
MILLENNIUM IVST & RETIREADV LLC · Investment advisory (plan)$18,750

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$19,150 · 0.05%
2023$26,830 · 0.08%
2022$31,295 · 0.09%
Similar plansEducational Services · New York
Portledge School NY$38.1M · 0.05%
Birch Wathen Lenox School NY$38.0M · 0.08%
Advantage Testing, Inc. NY$37.6M · 0.01%
The Albany Academies NY$37.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111733449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.