Plan Ledger DOL Form 5500 · updated monthly

Munson Williams Proctor Institute403(b)

MUNSON WILLIAMS PROCTOR INSTITUTE DEFINED CONTRIBUTION RETIREMENT PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Munson Williams Proctor Institute reported $44,002 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,665 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 0.00% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 2,370th-largest of 5,648 plans among New York employers on file, and the 399th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,088,888
Participants with balances319
Active participants107
Employer contributions$285,182
Employee contributions$464,069
Employer contribution per active participant$2,665
Average account balance$69,244
Benefits paid to participants$899,210
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN ST. AMOUR CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 319 accts · $285K emplr
2023$20.0M · 312 accts · $266K emplr
2022$17.9M · 310 accts · $235K emplr
Employer contributions to the Munson Williams Proctor Institute plan · 2024
Employer contribution per active participant$2,665
Median for plans this size$2,416
2024$2,665 per active participant
2023$2,579 per active participant
2022$2,180 per active participant

Munson Williams Proctor Institute's 2024 employer contribution ran above 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
MUNSON WILLIAMS PROCTOR INSTITUTE$38,667
TIAA$5,560

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$44,002 · 0.21%
2023$2,629 · 0.01%
2022$576 · 0.00%
Similar plansArts, Entertainment & Recreation · New York
Capital Region Gaming, LLC NY$23.7M · 0.06%
The Jewish Museum NY$23.4M · 0.15%
The Frick Collection NY$22.1M · 0.18%
New Tsi Holdings, Inc. NY$21.5M · 0.54%
George Eastman Museum NY$18.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150532214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.