Plan Ledger DOL Form 5500 · updated monthly

Northside Center for Child Development, Inc.403(b)

403(B) THRIFTPLAN OF NORTHSIDE CENTER FOR CHILD DEVELOPMENT, INC. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Northside Center for Child Development, Inc. reported $3,046 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,046 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 0.01% to 0.02%. 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 (2,931st of 5,648), and the 4,418th of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 297 to 327 since 2022.

Plan summary
Net assets, end of year$15,335,335
Participants with balances327
Active participants327
Employer contributions$342,143
Employee contributions$604,744
Employer contribution per active participant$1,046
Average account balance$46,897
Benefits paid to participants$1,102,106
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 327 accts · $342K emplr
2023$14.0M · 326 accts · $357K emplr
2022$12.1M · 297 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,046
Total administrative$3,046
Employer contributions to the Northside Center for Child Development, Inc. plan · 2024
Employer contribution per active participant$1,046
Median for plans this size$2,416
2024$1,046 per active participant
2023$1,400 per active participant
2022$1,015 per active participant

Northside Center for Child Development, 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$3,046

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$3,046 · 0.02%
2023$3,876 · 0.03%
2022$1,242 · 0.01%
Similar plansHealth Care & Social Assistance · New York
Bilinguals, Inc NY$15.4M · 0.29%
City Harvest Inc. NY$15.3M · 0.55%
Spear Physical Therapy PLLC NY$15.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131656679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.