Plan Ledger DOL Form 5500 · updated monthly

Mdrc403(b)

MDRC SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

Mdrc reported $79,789 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. 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 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,131st-largest of 5,648 plans among New York employers on file, and the 2,212th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$64,842,748
Participants with balances523
Active participants333
Employer contributions—
Employee contributions$3,566,588
Employer contribution per active participant—
Average account balance$123,982
Benefits paid to participants$1,065,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.8M · 523 accts
2023$53.6M · 553 accts
2022$43.0M · 494 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,572
Investment management$17,217
Total administrative$79,789
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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$62,572
BANK OF MARIN · Investment advisory (plan) · Investment management$17,217
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$79,789 · 0.13%
2023$58,845 · 0.12%
2022$81,040 · 0.17%
All plans at this employer2
MDRC PENSION PLANMoney purchase plan
MDRC SAVINGS PLAN403(b)
Same employer
Similar plansProfessional & Technical Services · New York
The Conference Board, Inc. NY$65.3M · 0.10%
McLaughlin & Stern, LLP NY$65.1M · 0.02%
Seatgeek Inc. NY$64.9M · 0.37%
Erdman Anthony NY$64.3M · 0.13%
Dayton T. Brown Inc. NY$64.1M · 0.01%
Akf Group LLC NY$63.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237379473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.