Plan Ledger DOL Form 5500 · updated monthly

Jewish Board of Family & Children's Services403(b)

JEWISH BOARD OF FAMILY AND CHILDREN'S SERVICES 403B PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

Jewish Board of Family & Children's Services reported $21,294 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. 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 0.43% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,914th-largest of 5,648 plans among New York employers on file, and the 2,708th of 11,911 in health care & social assistance. active participation has shrunk from 2,351 to 1,832 since 2022.

Plan summary
Net assets, end of year$30,901,266
Participants with balances642
Active participants1,832
Employer contributions—
Employee contributions$2,661,622
Employer contribution per active participant—
Average account balance$48,133
Benefits paid to participants$5,032,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 642 accts
2023$29.7M · 625 accts
2022$27.2M · 618 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,294
Total administrative$21,294
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$140,758
THE JEWISH BOARD · Other servicesindirect comp
MILLIMAN INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$21,294 · 0.07%
2023$128,470 · 0.45%
2022$131,197 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · New York
Safe Horizon, Inc. NY$31.3M · 0.31%
Somnia, Inc. NY$30.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135564937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.