Plan Ledger DOL Form 5500 · updated monthly

Seamens Society for Children and Families403(b)

SEAMENS SOCIETY FOR CHILDREN AND FAMILIES 403(B) PLAN · STATEN ISLAND, 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

Seamens Society for Children and Families reported $1,398 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,692 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,327th of 5,648), and 2,183rd of 3,341 in other services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 125 to 156 since 2022.

Plan summary
Net assets, end of year$5,790,479
Participants with balances306
Active participants156
Employer contributions$263,914
Employee contributions$233,479
Employer contribution per active participant$1,692
Average account balance$18,923
Benefits paid to participants$646,571
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 306 accts · $264K emplr
2023$5.4M · 267 accts · $450K emplr
2022$4.6M · 237 accts · $314K emplr
Employer contributions to the Seamens Society for Children and Families plan · 2024
Employer contribution per active participant$1,692
Median for plans this size$1,313
2024$1,692 per active participant
2023$2,886 per active participant
2022$2,508 per active participant

Seamens Society for Children and Families'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 · 20242
THE ANGELL PENSION GROUP, INC. · Contract administrator$900

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$1,398 · 0.02%
2023$531 · 0.01%
2022$423 · 0.01%
Same employer
Similar plansOther Services · New York
Pathfinder Village, Inc. NY$6.1M · 1.16%
Earthbound LLC NY$6.0M · 0.72%
United Way of New York NY$5.9M · 0.29%
St. Anne Institute NY$5.6M · 0.90%
Northside Collision, Inc. NY$5.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135563010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.