Plan Ledger DOL Form 5500 · updated monthly

Relay Graduate School of Education401(k)

RELAY GRADUATE SCHOOL OF EDUCATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Relay Graduate School of Education reported $5,704 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,622 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 0.018% to 0.025%. 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 2,243rd-largest of 5,648 plans among New York employers on file, and the 1,451st of 3,091 in educational services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 394 to 286 since 2022.

Plan summary
Net assets, end of year$24,014,534
Participants with balances298
Active participants286
Employer contributions$749,952
Employee contributions$1,602,114
Employer contribution per active participant$2,622
Average account balance$80,586
Benefits paid to participants$4,033,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 298 accts · $750K emplr
2023$22.2M · 305 accts · $772K emplr
2022$17.5M · 294 accts · $737K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,704
Total administrative$5,704
The Relay Graduate School of Education 401(k) match · 2024
Employer contribution per active participant$2,622
Median for plans this size$2,416
2024$2,622 per active participant
2023$2,491 per active participant
2022$1,872 per active participant

Relay Graduate School of Education's 2024 employer contribution ran above the $2,416 median for plans its size. 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
USI CONSULTING GROUP$5,704

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$5,704 · 0.02%
2023$3,005 · 0.02%
2022$3,540 · 0.02%
Same employer
Similar plansEducational Services · New York
Afs USA NY$24.0M · 0.18%
Allendale Columbia School NY$23.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275316628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.