Plan Ledger DOL Form 5500 · updated monthly

Icahn Charter School 1403(b)

ICAHN CHARTER SCHOOL RETIREMENT SAVINGS PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Icahn Charter School 1 reported $38,329 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,328 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 0.22% to 0.19%. 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 2,385th-largest of 5,648 plans among New York employers on file, and the 1,533rd of 3,091 in educational services. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,945,382
Participants with balances303
Active participants325
Employer contributions$756,724
Employee contributions$1,244,438
Employer contribution per active participant$2,328
Average account balance$72,427
Benefits paid to participants$1,270,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 303 accts · $757K emplr
2023$18.7M · 300 accts · $768K emplr
2022$15.3M · 300 accts · $736K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,329
Total administrative$38,329
Employer contributions to the Icahn Charter School 1 plan · 2024
Employer contribution per active participant$2,328
Median for plans this size$2,416
2024$2,328 per active participant
2023$2,291 per active participant
2022$2,178 per active participant

Icahn Charter School 1'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
T ROWE PRICE RPS INC · Recordkeeping · Custodial$38,331

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$38,329 · 0.19%
2023$37,465 · 0.22%
2022$35,843 · 0.22%
Same employer
Similar plansEducational Services · New York
The New York Preparatory NY$22.2M · 0.39%
St. Luke's School NY$21.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134166657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.