Plan Ledger DOL Form 5500 · updated monthly

Inwood Community Services, Inc.403(b)

INWOOD COMMUNITY SERVICES, INC. 403(B) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
3.34%

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

Inwood Community Services, Inc. reported $28,868 in plan administrative expenses for 2024: 3.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $588 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 2.66% to 3.34%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,333rd of 5,648), and 10,877th of 11,911 in health care & social assistance. In 2024, the employer put in $1.88 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,040,503
Participants with balances341
Active participants268
Employer contributions$157,511
Employee contributions$83,857
Employer contribution per active participant$588
Average account balance$3,051
Benefits paid to participants$22,939
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0M · 341 accts · $158K emplr
2023$690K · 321 accts · $164K emplr
2022$354K · 310 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,868
Total administrative$28,868
Employer contributions to the Inwood Community Services, Inc. plan · 2024
Employer contribution per active participant$588
Median for plans this size$540
2024$588 per active participant
2023$426 per active participant
2022$747 per active participant

Inwood Community Services, Inc.'s 2024 employer contribution ran above the $540 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
NEWPORT GROUP, INC. · Recordkeeping$28,868

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$28,868 · 3.34%
2023$28,034 · 5.37%
2022$17,623 · 2.66%
Similar plansHealth Care & Social Assistance · New York
Mindcolor Autism LLC NY$1.0M · 0.51%
Optimal Care Services LLC NY$971K · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133087407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.