Plan Ledger DOL Form 5500 · updated monthly

Morrisville Aux of Stateunivcollege of Agri and Tech at Morrisvilleinc403(b)

MORRISVILLE AUXILIARY CORPORATION 403(B) DC PLAN · MORRISVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Morrisville Aux of Stateunivcollege of Agri and Tech at Morrisvilleinc reported $61,813 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,695 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 0.503%. 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 among the smaller plans on file in New York (3,233rd of 5,648), and 1,929th of 3,091 in educational services. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,742,007
Participants with balances316
Active participants129
Employer contributions$218,700
Employee contributions$153,287
Employer contribution per active participant$1,695
Average account balance$40,323
Benefits paid to participants$617,200
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 316 accts · $219K emplr
2023$11.8M · 323 accts · $218K emplr
2022$10.8M · 333 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,813
Total administrative$61,813
Employer contributions to the Morrisville Aux of Stateunivcollege of Agri and Tech at Morrisvilleinc plan · 2024
Employer contribution per active participant$1,695
Median for plans this size$2,416
2024$1,695 per active participant
2023$1,594 per active participant
2022$1,590 per active participant

Morrisville Aux of Stateunivcollege of Agri and Tech at Morrisvilleinc's 2024 employer contribution ran below the $2,416 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 · 20242
TIAA-TEACHERS INSURANCE AND ANNUITY · Contract administrator$32,008
LPL FINANCIAL · Pension consulting$29,880

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$61,813 · 0.50%
2023$51,553 · 0.46%
2022$56,274 · 0.50%
Same employer
Similar plansEducational Services · New York
Integration Charter Schools NY$13.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150560110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.