Plan Ledger DOL Form 5500 · updated monthly

Shed Nyc, Inc.403(b)

SHED NYC, INC. 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Shed Nyc, Inc. reported $27,629 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.05% to 0.67%. 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 (4,598th of 5,648), and 971st of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$4,409,042
Participants with balances114
Active participants106
Employer contributions$0
Employee contributions$492,541
Employer contribution per active participant$0
Average account balance$38,676
Benefits paid to participants$456,010
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 114 accts
2023$3.8M · 143 accts
2022$3.0M · 142 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,629
Total administrative$27,629
Employer contributions to the Shed Nyc, Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Shed Nyc, 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 · 20242
THE VANGUARD GROUP NC. · Recordkeeping · Loan processing$13,910
ALLIANT INSURANCE SERVICES, INC · Investment management$13,719

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$27,629 · 0.67%
2023$15,260 · 0.45%
2022$1,540 · 0.05%
Similar plansArts, Entertainment & Recreation · New York
Oak Hill Country Club NY$5.5M · 0.56%
Country Club of Rochester NY$5.0M · 0.38%
Storm King Art Center NY$4.9M · 0.27%
Area 15 Global LLC NY$3.8M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900884353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.