Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Opera Association, Inc.403(b)

THE METROPOLITAN OPERA RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Metropolitan Opera Association, Inc. reported $239,275 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $150 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 3 years on file its reported administrative ratio has held roughly steady near 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 416th-largest of 5,648 plans among New York employers on file, and the 45th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $70.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$232,103,161
Participants with balances1,224
Active participants859
Employer contributions$128,755
Employee contributions$9,127,568
Employer contribution per active participant$150
Average account balance$189,627
Benefits paid to participants$20,623,212
Plan auditDisclaimer of opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$232.1M · 1,224 accts · $129K emplr
2023$217.4M · 1,240 accts · $58K emplr
2022$196.1M · 1,217 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,235
Investment management$95,703
Audit (IQPA)$90,645
Total administrative$239,275
Employer contributions to the Metropolitan Opera Association, Inc. plan · 2024
Employer contribution per active participant$150
Median for plans this size$3,635
2024$150 per active participant
2023$67 per active participant
2022$75 per active participant

Metropolitan Opera Association, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$17,235
CAPFINANCIAL PARTNERS, LLC · Consulting · Insurance services$95,703
KPMG LLP · Accounting / audit$90,645
PROSKAUER ROSE LLP · Legal$35,692
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
CHARLES SCHWAB & CO., INC. · 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$239,275 · 0.11%
2023$187,506 · 0.09%
2022$217,769 · 0.10%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Msg Entertainment Group, LLC NY$251.3M · 0.08%
Equinox Holdings, Inc. NY$181.8M · 0.28%
Major League Soccer LLC NY$176.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131624087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.