Plan Ledger DOL Form 5500 · updated monthly

Neighborhood Defender Service, Inc.403(b)

NEIGHBORHOOD DEFENDER SERVICE, INC. TAX SHELTERED ANNUITY PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Neighborhood Defender Service, Inc. reported $74,922 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,937 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 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,863rd of 5,648), and 6,362nd of 11,654 in professional & technical services. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 284 to 331 since 2022.

Plan summary
Net assets, end of year$15,919,866
Participants with balances441
Active participants331
Employer contributions$1,303,243
Employee contributions$1,510,513
Employer contribution per active participant$3,937
Average account balance$36,099
Benefits paid to participants$1,649,820
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER & CHIARAMONTE CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 441 accts · $1.3M emplr
2023$12.7M · 410 accts · $1.1M emplr
2022$8.8M · 348 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,922
Total administrative$74,922
Employer contributions to the Neighborhood Defender Service, Inc. plan · 2024
Employer contribution per active participant$3,937
Median for plans this size$2,416
2024$3,937 per active participant
2023$3,366 per active participant
2022$2,825 per active participant

Neighborhood Defender Service, Inc.'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.

Administrative cost history3
2024$74,922 · 0.52%
2023$49,622 · 0.46%
2022$47,746 · 0.53%
Same employer
Similar plansProfessional & Technical Services · New York
Logic Technology, Inc. NY$16.3M · 0.01%
Bluecore, Inc NY$16.3M · 0.38%
Tec Building Systems LLC NY$16.1M · 0.26%
Krish Actuarial, Inc. NY$15.9M · 0.44%
Atelier Ten USA LLC NY$15.9M · 0.00%
Lilker Associates NY$15.8M · 0.17%
Miq Digital USA, Inc. NY$15.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061296692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.