Plan Ledger DOL Form 5500 · updated monthly

New York City Mission Society403(b)

NEW YORK CITY MISSION SOCIETY 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

New York City Mission Society reported $10,027 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,488 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 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,523rd of 5,648), and 2,345th of 3,341 in other services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 66 to 74 since 2022.

Plan summary
Net assets, end of year$4,750,718
Participants with balances103
Active participants74
Employer contributions$258,109
Employee contributions$228,715
Employer contribution per active participant$3,488
Average account balance$46,123
Benefits paid to participants$543,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 103 accts · $258K emplr
2023$4.3M · 100 accts · $250K emplr
2022$3.5M · 111 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,720
Investment management$6,307
Total administrative$10,027
Employer contributions to the New York City Mission Society plan · 2024
Employer contribution per active participant$3,488
Median for plans this size$1,313
2024$3,488 per active participant
2023$3,421 per active participant
2022$4,414 per active participant

New York City Mission Society's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ASCENSUS LLC · Loan processing · Recordkeeping$3,720
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$6,307

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$10,027 · 0.22%
2023$11,922 · 0.31%
2022$7,718 · 0.21%
Similar plansOther Services · New York
Gds Publishing, Inc NY$4.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.