Plan Ledger DOL Form 5500 · updated monthly

Schenectady Community Action Program, Inc403(b)

SCHENECTADY COMMUNITY ACTION PROGRAM, INC. 403(B) DC PLAN · SCHENECTADY, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Schenectady Community Action Program, Inc reported $12,655 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,760 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 0.19% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,535th of 5,648), and 8,087th of 11,911 in health care & social assistance. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,692,392
Participants with balances156
Active participants113
Employer contributions$198,849
Employee contributions$148,871
Employer contribution per active participant$1,760
Average account balance$30,079
Benefits paid to participants$126,783
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 156 accts · $199K emplr
2023$4.0M · 153 accts · $196K emplr
2022$3.8M · 195 accts · $183K emplr
Employer contributions to the Schenectady Community Action Program, Inc plan · 2024
Employer contribution per active participant$1,760
Median for plans this size$1,313
2024$1,760 per active participant
2023$1,845 per active participant
2022$1,698 per active participant

Schenectady Community Action Program, Inc's 2024 employer contribution ran above the $1,313 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
TIAA$12,655

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$12,655 · 0.29%
2023$9,037 · 0.23%
2022$7,883 · 0.19%
Similar plansHealth Care & Social Assistance · New York
Ideal Home Health Inc. NY$4.7M · 3.21%
Animoto Inc. NY$4.7M · 0.59%
New York Cares NY$4.6M · 0.02%
Farnham, Inc. NY$4.6M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 146034637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.