Plan Ledger DOL Form 5500 · updated monthly

North Shore Hebrew Academy403(b)

NORTH SHORE HEBREW ACADEMY DEFINED CONTRIBUTION RETIREMENT PLAN · GREAT NECK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

North Shore Hebrew Academy reported $36,655 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,119 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 0.08% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,787th-largest of 5,648 plans among New York employers on file, and the 1,187th of 3,091 in educational services. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 190 to 239 since 2022.

Plan summary
Net assets, end of year$34,361,267
Participants with balances316
Active participants239
Employer contributions$267,559
Employee contributions$543,729
Employer contribution per active participant$1,119
Average account balance$108,738
Benefits paid to participants$1,973,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 316 accts · $268K emplr
2023$32.0M · 314 accts · $272K emplr
2022$28.1M · 310 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,978
Investment management$12,677
Total administrative$36,655
Employer contributions to the North Shore Hebrew Academy plan · 2024
Employer contribution per active participant$1,119
Median for plans this size$2,416
2024$1,119 per active participant
2023$1,257 per active participant
2022$1,274 per active participant

North Shore Hebrew Academy'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 · 20243
TEACHERS INSUR & ANNU ASSOC OF AMER$17,099
GLOBAL RETIREMENT PARTNERS$12,677
CONCIERGE RETIREMENT SERVICES, INC.$5,980

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$36,655 · 0.11%
2023$24,089 · 0.08%
2022$23,898 · 0.08%
Similar plansEducational Services · New York
Tpr Education, LLC NY$35.0M · 0.39%
Rippowam Cisqua School NY$34.5M · 0.19%
Trinity-Pawling School NY$33.7M · 0.15%
Millbrook School NY$33.7M · 0.14%
Catalyst Inc. NY$33.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112200920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.