Plan Ledger DOL Form 5500 · updated monthly

Independent Support Services, Inc.403(b)

INDEPENDENT SUPPORT SERVICES, INC. 403(B) PLAN · MONTICELLO, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Independent Support Services, Inc. reported $32,016 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $241 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 0.36% to 0.27%. 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 (3,150th of 5,648), and the 4,823rd of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 3,009 to 3,383 since 2022.

Plan summary
Net assets, end of year$13,420,926
Participants with balances534
Active participants3,383
Employer contributions$814,024
Employee contributions$1,456,869
Employer contribution per active participant$241
Average account balance$25,133
Benefits paid to participants$375,658
Plan auditUnmodified (clean) audit opinion
AuditorWASCHITZ PAVLOFF CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 534 accts · $814K emplr
2023$10.2M · 473 accts · $691K emplr
2022$7.5M · 438 accts · $692K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,016
Total administrative$32,016
Employer contributions to the Independent Support Services, Inc. plan · 2024
Employer contribution per active participant$241
Median for plans this size$2,416
2024$241 per active participant
2023$227 per active participant
2022$230 per active participant

Independent Support Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$32,016 · 0.27%
2023$28,458 · 0.32%
2022$26,026 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · New York
The Children's Law Center NY$13.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050535944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.