Plan Ledger DOL Form 5500 · updated monthly

Integration Charter Schools401(k)

INTEGRATION CHARTER SCHOOLS 401(K) PLAN · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Integration Charter Schools reported $3,161 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $654 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 0.08% to 0.02%. 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 among the smaller plans on file in New York (3,190th of 5,648), and 1,910th of 3,091 in educational services. In 2024, employees put in $6.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,084,650
Participants with balances317
Active participants307
Employer contributions$200,768
Employee contributions$1,251,227
Employer contribution per active participant$654
Average account balance$41,276
Benefits paid to participants$3,095,059
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 317 accts · $201K emplr
2023$12.9M · 346 accts · $232K emplr
2022$10.5M · 260 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,161
Total administrative$3,161
The Integration Charter Schools 401(k) match · 2024
Employer contribution per active participant$654
Median for plans this size$2,416
2024$654 per active participant
2023$643 per active participant

Integration Charter Schools'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,163

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

Administrative cost history3
2024$3,161 · 0.02%
2023$2,788 · 0.02%
2022$8,102 · 0.08%
Same employer
Similar plansEducational Services · New York
The Academy Charter School NY$14.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472459523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.