Plan Ledger DOL Form 5500 · updated monthly

Robin Hood FoundationProfit-sharing plan

ROBIN HOOD 401(A) EMPLOYER CONTRIBUTION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Robin Hood Foundation reported $68,860 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $18,389 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 0.45% to 0.28%. 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 the 2,186th-largest of 5,648 plans among New York employers on file, and the 862nd of 3,341 in other services.

Plan summary
Net assets, end of year$25,311,228
Participants with balances160
Active participants109
Employer contributions$2,004,363
Employee contributions$0
Employer contribution per active participant$18,389
Average account balance$158,195
Benefits paid to participants$4,182,258
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$25.3M · 160 accts · $2.0M emplr
2022$19.6M · 191 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,840
Investment management$44,020
Total administrative$68,860
Employer contributions to the Robin Hood Foundation plan · 2024
Employer contribution per active participant$18,389
Median for plans this size$2,416
2024$18,389 per active participant
2022$2,673 per active participant

Robin Hood Foundation'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 · 20243
PROCYON PARTNERS LLC DBA PROCYON AD · Investment advisory (plan)$43,027
EMPOWER ADVISORY GROUP, LLC · Investment management$993

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$68,860 · 0.28%
2022$97,520 · 0.45%
All plans at this employer2
ROBIN HOOD 401(A) EMPLOYER CONTRIBUTION PLANProfit-sharing plan
ROBIN HOOD 401(A) EMPLOYER CONTRIBUTION PLANProfit-sharing plan
Same employer
Similar plansOther Services · New York
The Bronx Defenders NY$25.6M · 0.10%
Justice Innovation Inc. NY$25.5M · 0.30%
Nyc & Company, Inc. NY$24.5M · 0.49%
Child Mind Institute, Inc. NY$24.2M · 0.43%
Cooke School and Institute NY$24.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133441066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.