Plan Ledger DOL Form 5500 · updated monthly

Rochester Philharmonic Orchestra, Inc.403(b)

ROCHESTER PHILHARMONIC ORCHESTRA, INC. RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Rochester Philharmonic Orchestra, Inc. reported $40,566 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $605 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 0.47% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,608th of 5,648), and 679th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,044,072
Participants with balances135
Active participants238
Employer contributions$143,901
Employee contributions$412,338
Employer contribution per active participant$605
Average account balance$74,401
Benefits paid to participants$320,360
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, CPAS, PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 135 accts · $144K emplr
2023$8.6M · 220 accts · $51K emplr
2022$7.2M · 118 accts · $58K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,288
Investment management$17,528
Audit (IQPA)$3,750
Total administrative$40,566
Employer contributions to the Rochester Philharmonic Orchestra, Inc. plan · 2024
Employer contribution per active participant$605
Median for plans this size$1,313
2024$605 per active participant
2023$230 per active participant
2022$239 per active participant

Rochester Philharmonic Orchestra, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20244
MODERN WEALTH HOLDINGS LLC · Contract administrator · Investment advisory (plan)$18,288
LPL FINANCIAL · Investment advisory (plan)$3,800
EFPR GROUP LLP DBA EFPR GROUP · Accounting / audit$3,750

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$40,566 · 0.44%
2023$37,189 · 0.47%
2022$37,453 · 0.47%
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Source: U.S. Department of Labor, Form 5500 series, EIN 160765613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.