Plan Ledger DOL Form 5500 · updated monthly

New York City Ballet, Inc403(b)

NEW YORK CITY BALLET, INC 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

New York City Ballet, Inc reported $261,495 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $335 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 0.46% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,019th-largest of 5,648 plans among New York employers on file, and the 136th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $6.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,918,849
Participants with balances450
Active participants1,370
Employer contributions$458,746
Employee contributions$2,766,066
Employer contribution per active participant$335
Average account balance$164,264
Benefits paid to participants$3,437,830
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.9M · 450 accts · $459K emplr
2023$66.1M · 435 accts · $424K emplr
2022$57.9M · 452 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$204,391
Investment management$57,104
Total administrative$261,495
Employer contributions to the New York City Ballet, Inc plan · 2024
Employer contribution per active participant$335
Median for plans this size$3,635
2024$335 per active participant
2023$317 per active participant
2022$308 per active participant

New York City Ballet, Inc's 2024 employer contribution ran below the $3,635 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$204,391
CAPFINANCIAL PARTNERS · Investment advisory (participants) · Investment advisory (plan)$57,104

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$261,495 · 0.37%
2023$282,059 · 0.45%
2022$285,950 · 0.46%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Seneca Gaming Corporation NY$123.2M · 0.21%
Qb Jv Holdings, LLC NY$73.7M · 0.11%
Sterling Mets, L.P. NY$47.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 132947386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.