Plan Ledger DOL Form 5500 · updated monthly

Jackson Child Development CorporationProfit-sharing plan

JACKSON CHILD DEVELOPMENT CORPORATION PROFIT SHARING PLAN AND TRUST · JACKSON HEIGHTS, NY · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Jackson Child Development Corporation reported $70,437 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $11,333 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 0.67% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,581st of 5,648), and 2,099th of 3,091 in educational services. active participation has grown from 54 to 75 since 2022.

Plan summary
Net assets, end of year$10,197,613
Participants with balances133
Active participants75
Employer contributions$850,000
Employee contributions—
Employer contribution per active participant$11,333
Average account balance$76,674
Benefits paid to participants$332,961
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 133 accts · $850K emplr
2023$8.6M · 130 accts · $647K emplr
2022$8.1M · 194 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,724
Investment management$23,456
Audit (IQPA)$16,543
Trustee / custodial$3,570
Total administrative$70,437
Employer contributions to the Jackson Child Development Corporation plan · 2024
Employer contribution per active participant$11,333
Median for plans this size$1,313
2024$11,333 per active participant
2023$9,508 per active participant
2022$5,556 per active participant

Jackson Child Development Corporation's 2024 employer contribution ran above the $1,313 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 · 20244
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$16,724
SENTINEL PENSION ADVISORS · Investment advisory (plan)$23,456
TMI CPA, P.C. · Accounting / audit$16,543
COLONIAL SURETY CO. · Other services$9,994

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$70,437 · 0.75%
2023$66,501 · 0.80%
2022$51,525 · 0.67%
Similar plansEducational Services · New York
Equality Charter School NY$10.5M · 0.28%
Unbounded Learning, Inc. NY$10.4M · 0.15%
The Child School NY$9.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113237992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.