Plan Ledger DOL Form 5500 · updated monthly

National Multiple Sclerosis Society401(k)

NATIONAL MS SOCIETY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

National Multiple Sclerosis Society reported $225,515 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,201 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 fell from 0.49% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 835th-largest of 5,648 plans among New York employers on file, and the 563rd of 3,091 in educational services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 787 to 701 since 2022.

Plan summary
Net assets, end of year$94,575,995
Participants with balances1,241
Active participants701
Employer contributions$2,243,607
Employee contributions$5,027,537
Employer contribution per active participant$3,201
Average account balance$76,210
Benefits paid to participants$16,667,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$94.6M · 1,241 accts · $2.2M emplr
2023$91.0M · 1,244 accts · $2.3M emplr
2022$76.6M · 1,281 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,515
Investment management$135,000
Total administrative$225,515
The National Multiple Sclerosis Society 401(k) match · 2024
Employer contribution per active participant$3,201
Median for plans this size$3,635
2024$3,201 per active participant
2023$2,665 per active participant
2022$2,560 per active participant

National Multiple Sclerosis Society's 2024 employer contribution ran below 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$135,000

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$225,515 · 0.24%
2023$355,670 · 0.42%
2022$402,128 · 0.49%
Same employer
Similar plansEducational Services · New York
St. Francis College NY$99.2M · 0.08%
Uncommon Schools, Inc. NY$98.2M · 0.27%
Mount Saint Mary College NY$96.2M · 0.09%
Kipp Nyc, LLC NY$94.6M · 0.18%
Albany Law School NY$89.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135661935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.