Plan Ledger DOL Form 5500 · updated monthly

Lexington School for the Deaf403(b)

LEXINGTON SCHOOL FOR THE DEAF 403(B) DEFINED CONTRIBUTION PLAN · EAST ELMHURST, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Lexington School for the Deaf reported $25,772 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $219 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 rose from 0.069% to 0.072%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,716th-largest of 5,648 plans among New York employers on file, and the 1,134th of 3,091 in educational services. In 2024, employees put in $9.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,655,251
Participants with balances343
Active participants236
Employer contributions$51,664
Employee contributions$471,565
Employer contribution per active participant$219
Average account balance$106,867
Benefits paid to participants$2,345,986
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$36.7M · 343 accts · $52K emplr
2023$34.5M · 356 accts · $66K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,375
Investment management$22,397
Total administrative$25,772
Employer contributions to the Lexington School for the Deaf plan · 2024
Employer contribution per active participant$219
Median for plans this size$2,416
2024$219 per active participant
2023$259 per active participant

Lexington School for the Deaf's 2024 employer contribution ran below the $2,416 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 · 20242
CAPFINANCIAL PARTNERS, LLC$17,654
TIAA · Contract administrator$5,230

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$25,772 · 0.07%
2023$16,913 · 0.07%
Similar plansEducational Services · New York
Advantage Testing, Inc. NY$37.6M · 0.01%
The Albany Academies NY$37.0M · 0.12%
Cazenovia College NY$36.2M · 0.04%
Hilbert College NY$36.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131656666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.