Plan Ledger DOL Form 5500 · updated monthly

Homes for the Homeless, Inc.403(b)

HOMES FOR THE HOMELESS, INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Homes for the Homeless, Inc. reported $1,150 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,327 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 rose from 0.00% to 0.01%. 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 among the smaller plans on file in New York (3,081st of 5,648), and the 4,691st of 11,911 in health care & social assistance. In 2024, the employer put in $2.21 for every $1.00 employees contributed themselves; active participation has grown from 164 to 241 since 2022.

Plan summary
Net assets, end of year$13,998,320
Participants with balances400
Active participants241
Employer contributions$560,870
Employee contributions$253,858
Employer contribution per active participant$2,327
Average account balance$34,996
Benefits paid to participants$900,373
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 400 accts · $561K emplr
2023$12.2M · 390 accts · $483K emplr
2022$12.1M · 336 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Total administrative$1,150
Employer contributions to the Homes for the Homeless, Inc. plan · 2024
Employer contribution per active participant$2,327
Median for plans this size$2,416
2024$2,327 per active participant
2023$2,184 per active participant
2022$2,228 per active participant

Homes for the Homeless, Inc.'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
TIAA · Recordkeeping$1,150

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$1,150 · 0.01%
2023$1,965 · 0.02%
2022$506 · 0.00%
Same employer
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Hasc Center Inc. NY$14.1M · 0.76%
Proud Moments Mso LLC NY$13.9M · 3.46%
The Doe Fund, Inc. NY$13.8M · 0.70%
Cds Life Transitions NY$13.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133351420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.