Plan Ledger DOL Form 5500 · updated monthly

Scenic Hudson, Inc403(b)

SCENIC HUDSON, INC. 403(B) PLAN · POUGHKEEPSIE, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Scenic Hudson, Inc reported $36,411 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $7,328 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 1 year on file its reported administrative ratio fell from 0.34% to 0.24%. 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 (2,870th of 5,648), and the 1,244th of 3,341 in other services. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,845,656
Participants with balances140
Active participants73
Employer contributions$534,959
Employee contributions$649,097
Employer contribution per active participant$7,328
Average account balance$113,183
Benefits paid to participants$1,355,761
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.8M · 140 accts · $535K emplr
2023$14.4M · 135 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,424
Audit (IQPA)$1,987
Total administrative$36,411
Employer contributions to the Scenic Hudson, Inc plan · 2024
Employer contribution per active participant$7,328
Median for plans this size$2,416
2024$7,328 per active participant
2023$6,162 per active participant

Scenic Hudson, 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 · 20242
CORNERSTONE ADVISORS ASSET MGMT, IN · Investment advisory (participants)$24,736
TIAA · Investment advisory (participants)$9,763

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$36,411 · 0.24%
2023$46,796 · 0.34%
Similar plansOther Services · New York
New York Film Academy, LTD. NY$15.8M · 0.63%
Accesscny, Inc. NY$15.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132898799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.