Plan Ledger DOL Form 5500 · updated monthly

Modern Language Association of America403(b)

MODERN LANGUAGE ASSOCIATION DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Modern Language Association of America reported $86,163 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $6,642 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 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,256th-largest of 5,648 plans among New York employers on file, and the 381st of 3,341 in other services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,597,226
Participants with balances276
Active participants89
Employer contributions$591,116
Employee contributions$735,619
Employer contribution per active participant$6,642
Average account balance$205,062
Benefits paid to participants$4,138,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.6M · 276 accts · $591K emplr
2023$53.7M · 277 accts · $527K emplr
2022$48.5M · 283 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,083
Investment management$10,000
Audit (IQPA)$19,080
Total administrative$86,163
Employer contributions to the Modern Language Association of America plan · 2024
Employer contribution per active participant$6,642
Median for plans this size$3,635
2024$6,642 per active participant
2023$5,859 per active participant
2022$5,797 per active participant

Modern Language Association of America's 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20244
TIAA-TEACHERS INSURANCE & ANNUITY · Contract administrator · Investment advisory (plan)$57,081
EISNER ADVISORY GROUP LLC · Accounting / audit$12,694
HEALTHCARE COMM.SECURITIES CORP · Investment advisory (plan)$10,000
EISNER AMPER LLP · Accounting / audit$6,386

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$86,163 · 0.16%
2023$44,229 · 0.09%
2022$62,189 · 0.12%
Similar plansOther Services · New York
Anti-Defamation League NY$58.6M · 0.16%
Asia Society NY$58.1M · 0.09%
Ardian US LLC NY$57.2M · 0.13%
Olo Inc. NY$56.2M · 0.34%
Plaza Construction, LLC NY$55.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135253530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.