Plan Ledger DOL Form 5500 · updated monthly

Police Athletic LeagueMoney purchase plan

POLICE ATHLETIC LEAGUE, INC. MONEY PURCHASE PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Police Athletic League reported $1,872 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,042 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 0.03% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,236th of 5,648), and 2,405th of 3,091 in educational services.

Plan summary
Net assets, end of year$6,232,590
Participants with balances108
Active participants71
Employer contributions$286,986
Employee contributions—
Employer contribution per active participant$4,042
Average account balance$57,709
Benefits paid to participants$394,697
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 96 accts · $353K emplr
2023$5.6M · 93 accts · $312K emplr
2022$6.2M · 108 accts · $287K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,872
Total administrative$1,872
Employer contributions to the Police Athletic League plan · 2022
Employer contribution per active participant$4,042
Median for plans this size$1,114
2024$5,604 per active participant
2023$5,579 per active participant
2022$4,042 per active participant

Police Athletic League's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,139 · 0.07%
2023$17,950 · 0.30%
2022$1,872 · 0.03%
Similar plansEducational Services · New York
Five Towns College NY$6.4M · 0.38%
Girls Who Code, Inc NY$6.3M · 0.18%
Harlem Rbi NY$6.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135596811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.