Plan Ledger DOL Form 5500 · updated monthly

Henry Street Settlement403(b)

HENRY STREET SETTLEMENT 403(B) RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Henry Street Settlement reported $60,552 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,613 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 0.178%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,729th-largest of 5,648 plans among New York employers on file, and the 2,411th of 11,911 in health care & social assistance. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,192,933
Participants with balances915
Active participants594
Employer contributions$958,147
Employee contributions$1,362,661
Employer contribution per active participant$1,613
Average account balance$39,555
Benefits paid to participants$2,199,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.2M · 915 accts · $958K emplr
2023$32.0M · 964 accts · $1.2M emplr
2022$27.0M · 987 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,552
Total administrative$60,552
Employer contributions to the Henry Street Settlement plan · 2024
Employer contribution per active participant$1,613
Median for plans this size$2,416
2024$1,613 per active participant
2023$2,083 per active participant
2022$1,592 per active participant

Henry Street Settlement'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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$60,552

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$60,552 · 0.18%
2023$54,724 · 0.19%
2022$45,036 · 0.18%
Similar plansHealth Care & Social Assistance · New York
St. Anns Home for the Aged NY$36.0M · 0.39%
Cny Family Care, LLP NY$35.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131562242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.