Plan Ledger DOL Form 5500 · updated monthly

Knox School403(b)

KNOX SCHOOL 403(B) DC PLAN · ST. JAMES, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Knox School reported $100 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $294 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 0.001% to 0.002%. 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 (4,512th of 5,648), and 2,531st of 3,091 in educational services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,800,917
Participants with balances159
Active participants84
Employer contributions$24,703
Employee contributions$52,652
Employer contribution per active participant$294
Average account balance$30,194
Benefits paid to participants$273,656
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 159 accts · $25K emplr
2023$4.4M · 167 accts · $27K emplr
2022$4.3M · 177 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100
Total administrative$100
Employer contributions to the Knox School plan · 2024
Employer contribution per active participant$294
Median for plans this size$1,313
2024$294 per active participant
2023$318 per active participant
2022$323 per active participant

Knox School's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
TIAA · Recordkeeping · Trustee$325

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$100 · 0.00%
2023$25 · 0.00%
2022$25 · 0.00%
Similar plansEducational Services · New York
Private Prep Nyc LLC NY$4.8M · 0.87%
Dream Charter School NY$4.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111743680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.