Plan Ledger DOL Form 5500 · updated monthly

New Alternatives for Children, Inc.DC plan

403(B) THRIFT PLAN OF NEW ALTERNATIVES FOR CHILDREN, INC. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

New Alternatives for Children, Inc. reported $3,001 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,401st of 5,648), and the 5,283rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$11,515,666
Participants with balances316
Active participants530
Employer contributions$0
Employee contributions$785,685
Employer contribution per active participant$0
Average account balance$36,442
Benefits paid to participants$356,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 316 accts
2023$9.8M · 318 accts
2022$9.9M · 326 accts · $45K emplr
Employer contributions to the New Alternatives for Children, Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

New Alternatives for Children, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,422

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,001 · 0.03%
2023$1,912 · 0.02%
2022$2,105 · 0.02%
Similar plansHealth Care & Social Assistance · New York
Island Medical Services NY$11.7M · 0.05%
The Floating Hospital, Inc. NY$11.6M · 0.31%
A & T Healthcare, L.L.C. NY$11.4M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133149298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.