Plan Ledger DOL Form 5500 · updated monthly

Nardin Academy403(b)

NARDIN ACADEMY RETIREMENT PLAN · BUFFALO, NY · plan year 2021

Reported admin expense ratio · 2021
0.01%

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

Nardin Academy reported $702 in plan administrative expenses for 2021: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,158 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,351st of 5,648), and 1,978th of 3,091 in educational services. In 2021, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,809,654
Participants with balances105
Active participants149
Employer contributions$172,616
Employee contributions$383,553
Employer contribution per active participant$1,158
Average account balance$112,473
Benefits paid to participants$3,078,004
Plan auditUnmodified (clean) audit opinion
AuditorLUMSDEN MCCORMICK LLP
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$702
Total administrative$702
Employer contributions to the Nardin Academy plan · 2021
Employer contribution per active participant$1,158
Median for plans this size$2,122

Nardin Academy's 2021 employer contribution ran below the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2021$702 · 0.01%
Same employer
Similar plansEducational Services · New York
Trocaire College NY$11.4M · 0.09%
Teaching Matters Inc NY$11.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160838979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.