Plan Ledger DOL Form 5500 · updated monthly

Project Orbis International, Inc.403(b)

PROJECT ORBIS INTERNATIONAL, INC. RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Project Orbis International, Inc. reported $22,043 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $8,288 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 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,096th of 5,648), and the 1,356th of 3,341 in other services. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,852,520
Participants with balances103
Active participants62
Employer contributions$513,844
Employee contributions$805,333
Employer contribution per active participant$8,288
Average account balance$134,490
Benefits paid to participants$981,101
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 103 accts · $514K emplr
2023$11.6M · 105 accts · $487K emplr
2022$8.6M · 99 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,043
Total administrative$22,043
Employer contributions to the Project Orbis International, Inc. plan · 2024
Employer contribution per active participant$8,288
Median for plans this size$2,416
2024$8,288 per active participant
2023$7,492 per active participant
2022$7,019 per active participant

Project Orbis International, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,042

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$22,043 · 0.17%
2023$17,212 · 0.17%
2022$16,044 · 0.18%
Similar plansOther Services · New York
Jawonio, Inc. NY$15.4M · 1.11%
Per Scholas Inc NY$13.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237297651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.