Plan Ledger DOL Form 5500 · updated monthly

Poly Prep Country Day School403(b)

POLY PREP COUNTRY DAY SCHOOL DEFINED CONTRIBUTION PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Poly Prep Country Day School reported $133,153 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,093 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 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 779th-largest of 5,648 plans among New York employers on file, and the 509th of 3,091 in educational services. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$103,025,623
Participants with balances660
Active participants263
Employer contributions$1,865,372
Employee contributions$2,427,798
Employer contribution per active participant$7,093
Average account balance$156,099
Benefits paid to participants$6,882,729
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.0M · 660 accts · $1.9M emplr
2023$95.2M · 665 accts · $1.6M emplr
2022$87.3M · 646 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,153
Total administrative$133,153
Employer contributions to the Poly Prep Country Day School plan · 2024
Employer contribution per active participant$7,093
Median for plans this size$3,635
2024$7,093 per active participant
2023$5,502 per active participant
2022$6,041 per active participant

Poly Prep Country Day School's 2024 employer contribution ran above the $3,635 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 · 20243
TIAA · Contract administrator$77,928
WELLS FARGO ADVISORS · Pension consulting · Named fiduciary$37,500
ARMANINO, LLP · Accounting / audit$19,000

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$133,153 · 0.13%
2023$128,660 · 0.14%
2022$145,787 · 0.16%
Same employer
Similar plansEducational Services · New York
Hackley School NY$109.1M · 0.16%
Rye Country Day School NY$108.0M · 0.15%
The Chapin School LTD. NY$107.7M · 0.09%
Daemen University NY$102.7M · 0.13%
Monroe College, LTD. NY$100.8M · 0.37%
St. Francis College NY$99.2M · 0.08%
Uncommon Schools, Inc. NY$98.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111630821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.