Plan Ledger DOL Form 5500 · updated monthly

Russell Sage Foundation403(b)

RUSSELL SAGE FOUNDATION DC RETIREMENT 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

Russell Sage Foundation reported $7,403 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,307 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 0.020% to 0.015%. 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 1,353rd-largest of 5,648 plans among New York employers on file, and the 900th of 3,091 in educational services. In 2024, the employer put in $1.77 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,744,171
Participants with balances152
Active participants37
Employer contributions$566,342
Employee contributions$320,193
Employer contribution per active participant$15,307
Average account balance$333,843
Benefits paid to participants$1,281,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 152 accts · $566K emplr
2023$45.8M · 154 accts · $508K emplr
2022$37.6M · 161 accts · $486K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,403
Total administrative$7,403
Employer contributions to the Russell Sage Foundation plan · 2024
Employer contribution per active participant$15,307
Median for plans this size$2,416
2024$15,307 per active participant
2023$14,105 per active participant
2022$14,287 per active participant

Russell Sage 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 · 20241
TIAA · Recordkeeping$7,403

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,403 · 0.02%
2023$7,243 · 0.02%
2022$6,987 · 0.02%
Similar plansEducational Services · New York
The Hewitt School NY$52.7M · 0.04%
The Town School NY$52.1M · 0.09%
Tiegerman School NY$51.3M · 0.26%
The Browning School NY$50.2M · 0.13%
World Economic Forum LLC NY$49.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131635303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.