Plan Ledger DOL Form 5500 · updated monthly

Institute for Community LivingDC plan

403(B) THRIFT PLAN OF INSTITUTE FOR COMMUNITY LIVING, INC. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Institute for Community Living reported $24,366 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $326 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 0.09% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans. By assets it is the 2,546th-largest of 5,648 plans among New York employers on file. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 2,176 to 2,455 since 2022.

Plan summary
Net assets, end of year$19,810,140
Participants with balances1,882
Active participants2,455
Employer contributions$799,461
Employee contributions$1,709,719
Employer contribution per active participant$326
Average account balance$10,526
Benefits paid to participants$2,084,697
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO. CPA'S PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 1,882 accts · $799K emplr
2023$16.9M · 2,178 accts · $1.0M emplr
2022$12.9M · 1,931 accts · $1.4M emplr
Employer contributions to the Institute for Community Living plan · 2024
Employer contribution per active participant$326
Median for plans this size$2,416
2024$326 per active participant
2023$617 per active participant
2022$649 per active participant

Institute for Community Living'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.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$35,844

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$24,366 · 0.13%
2023$12,795 · 0.09%
2022$11,681 · 0.09%
Same employer
Similar plansplans of similar size
T.L.H. Enterprises, Inc. TX$19.8M · 0.41%
Tfp Corporation OH$19.8M · 0.23%
George, Miles & Buhr LLC MD$19.8M · 0.29%
Mudd, Inc. IA$19.8M · 0.01%
Expertvoice, Inc. UT$19.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133306195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.