Plan Ledger DOL Form 5500 · updated monthly

Little Flower Children and Family Svc of Ny403(b)

LITTLE FLOWER CHILDREN & FAMILY SERVICES DEFINED CONTRIBUTION PENSION PLAN · WADING RIVER, NY · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Little Flower Children and Family Svc of Ny reported $78,397 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,072 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 0.12% to 0.77%. 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 among the smaller plans on file in New York (3,485th of 5,648), and the 1,570th of 3,341 in other services. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has shrunk from 650 to 500 since 2022.

Plan summary
Net assets, end of year$10,941,287
Participants with balances360
Active participants500
Employer contributions$536,249
Employee contributions$681,746
Employer contribution per active participant$1,072
Average account balance$30,392
Benefits paid to participants$902,720
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 360 accts · $536K emplr
2023$9.4M · 408 accts · $287K emplr
2022$8.1M · 401 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,397
Total administrative$78,397
Employer contributions to the Little Flower Children and Family Svc of Ny plan · 2024
Employer contribution per active participant$1,072
Median for plans this size$2,416
2024$1,072 per active participant
2023$447 per active participant
2022$242 per active participant

Little Flower Children and Family Svc of Ny'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,397
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)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$78,397 · 0.77%
2023$49,560 · 0.57%
2022$10,943 · 0.12%
Same employer
Similar plansOther Services · New York
Crisis Text Line, Inc. NY$11.4M · 0.47%
Bideawee, Inc. NY$11.2M · 0.58%
United Mortgage Corp NY$11.1M · 0.92%
Steer Davies and Gleave Inc NY$10.8M · 0.29%
The Union League Club NY$10.6M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 111633572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.