Plan Ledger DOL Form 5500 · updated monthly

Justice Innovation Inc.403(b)

JUSTICE INNOVATION INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Justice Innovation Inc. reported $62,294 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,363 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 1 year on file its reported administrative ratio fell from 0.36% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,175th-largest of 5,648 plans among New York employers on file, and the 852nd of 3,341 in other services. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$25,479,620
Participants with balances596
Active participants913
Employer contributions$3,983,282
Employee contributions$3,061,362
Employer contribution per active participant$4,363
Average account balance$42,751
Benefits paid to participants$1,235,825
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$25.5M · 596 accts · $4.0M emplr
2023$16.3M · 468 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,294
Total administrative$62,294
Employer contributions to the Justice Innovation Inc. plan · 2024
Employer contribution per active participant$4,363
Median for plans this size$2,416
2024$4,363 per active participant
2023$3,752 per active participant

Justice Innovation Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,294

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

Administrative cost history2
2024$62,294 · 0.30%
2023$42,218 · 0.36%
Same employer
Similar plansOther Services · New York
The Bronx Defenders NY$25.6M · 0.10%
Robin Hood Foundation NY$25.3M · 0.28%
Nyc & Company, Inc. NY$24.5M · 0.49%
Child Mind Institute, Inc. NY$24.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852810883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.