Plan Ledger DOL Form 5500 · updated monthly

Ithaka Harbors, Inc.403(b)

ITHAKA HARBORS, INC. 403(B) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ithaka Harbors, Inc. reported $174,031 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $10,849 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 0.107% to 0.114%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 567th-largest of 5,648 plans among New York employers on file, and the 339th of 3,091 in educational services. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$161,095,605
Participants with balances815
Active participants415
Employer contributions$4,502,375
Employee contributions$3,327,942
Employer contribution per active participant$10,849
Average account balance$197,663
Benefits paid to participants$9,950,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.1M · 815 accts · $4.5M emplr
2023$143.0M · 801 accts · $4.6M emplr
2022$117.6M · 764 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,031
Total administrative$174,031
Employer contributions to the Ithaka Harbors, Inc. plan · 2024
Employer contribution per active participant$10,849
Median for plans this size$3,635
2024$10,849 per active participant
2023$10,864 per active participant
2022$9,529 per active participant

Ithaka Harbors, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
TIAA · Loan processing$162,656
ALLIANT RETIREMENT SERVICES · Pension consulting$12,500

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$174,031 · 0.11%
2023$165,409 · 0.13%
2022$134,039 · 0.11%
Same employer
Similar plansEducational Services · New York
New York Law School NY$164.9M · 0.07%
Nazareth University NY$163.3M · 0.07%
Alfred University NY$150.8M · 0.09%
Utica University NY$148.0M · 0.09%
Wagner College NY$144.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133857105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.