Plan Ledger DOL Form 5500 · updated monthly

Hunter Business School Inc.401(k)

HUNTER BUSINESS SCHOOL 401(K) PROFIT SHARING PLAN & TRUST · LEVITTOWN, NY · plan year 2025

Reported admin expense ratio · 2025
1.03%

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

Hunter Business School Inc. reported $41,514 in plan administrative expenses for 2025: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $622 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 rose from 0.59% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,608th of 5,648), and 2,580th of 3,091 in educational services. In 2025, employees put in $4.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,374,314
Participants with balances89
Active participants131
Employer contributions$81,484
Employee contributions$385,919
Employer contribution per active participant$622
Average account balance$49,150
Benefits paid to participants$367,112
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.4M · 89 accts · $81K emplr
2024$3.7M · 90 accts · $71K emplr
2023$3.3M · 101 accts · $70K emplr
2022$3.7M · 125 accts · $93K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$7,994
Investment management$14,250
Audit (IQPA)$16,290
Total administrative$41,514
The Hunter Business School Inc. 401(k) match · 2025
Employer contribution per active participant$622
Median for plans this size$1,464
2025$622 per active participant
2024$665 per active participant
2023$541 per active participant
2022$670 per active participant

Hunter Business School Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
CARON&BLETZNER · Accounting / audit$16,290
STONE HILL FIDUCIARY MANAGEMENT LL · Investment advisory (plan)$14,250
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,994

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

Administrative cost history4
2025$41,514 · 1.03%
2024$49,352 · 1.42%
2023$17,762 · 0.51%
2022$23,120 · 0.59%
Similar plansEducational Services · New York
Dream Charter School NY$4.5M · 0.70%
Ai Holdings, Inc. NY$4.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112555672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.